Searching For Punjab National Bank Recruitment Requires One To Be Alert Towards Punjab National Bank Job News
It’s been long since Punjab National Bank recruitment has been in demand among the Indian public and such recruitment have been held with the highest respect in the country. People from all regions and irrespective of caste, creed and religion have a favoured opinion towards such Punjab National Bank jobs and the reasons have been many with lots of debates in favour and against them. If one is looking for a recruitment in the Punjab National Bank, there are many best options. The Punjab National Bank jobs have lot of security, benefits and have a steady paycheck. This is the reason why more and more people are being drawn towards Punjab National Bank vacancies.
Educational Qualification to Apply for Punjab National Bank Recruitment
A bachelor’s degree or an associate’s degree is required by most of the Punjab National Bank jobs. However due to the recent economy, master’s degree is also being required by the Punjab National Bank jobs. A person is permitted for substitution of job experience in most of the jobs. In addition to the educational requirements, a person should submit the proper documents and read the job announcement properly.
About Punjab National Bank
PNB (Punjab National Bank) have more than 120 years of strong existence and 6081 total branches including 5 foreign branches, 6940 ATMs as on Mar’14, Punjab National Bank is serving more than 8.9 crore esteemed customers. PNB, being one of the largest nationalized banks, has continued to provide prudent and trustworthy banking services to its customers. The Bank enjoys strong fundamentals, large franchise value and good brand image. To meet the growing aspirations of the people and compete in these tough conditions, the Bank offers wide range of products and services.
Awards and Recognitions:
Owing to its performance during the year 2013, Bank earned many laurels and accolades in recognition to its service towards doing good to society and on its overall performance. Recently, PNB was awarded with Golden Peacock Innovative Product/Service Award 2014 by Institute of Directors, “Vigilance Excellence Award” by Institute of Public Enterprises, ‘Global CSR Excellence and Leadership Award’ for ‘Organisations with Best CSR Practices’ and ‘Bank with leading Financial Inclusion Initiatives Award’ by ABP News. Apart from these, the Bank has been conferred with ‘IBA Banking Technology Awards’ under the category of Best Risk Management and Security Initiatives and ‘Banking Technology Excellence Award’ under Customer Management and Business Excellence Initiatives by IDBRT, Hyderabad. Further the Bank has been recognized as ‘Best Banker’ under Agriculture Credit and Inclusion by The Sunday Standard.
In terms of accolades, PNB has been adjudged as the ‘Most profitable Bank’ amongst Public sector banks by Financial Express and Ernst & young survey on India’s Best Bank. Globally, 'The Banker' Magazine, London has ranked PNB at 170th position amongst World's Top 1000 Banks in 2013, up from 175th position in 2012. Forbes Magazine has placed PNB at 668th place amongst 2000 global giants.
During FY’14, Punjab National Bank maintained it NUMBER ONE position in Domestic Business, Domestic Deposits, Domestic Advances, CASA Deposits and Operating Profit amongst nationalized bank
With 38.30% share of CASA Deposits to Total Deposits, PNB maintained its Number one position amongst peers. Further in terms of Bottom line performance, the Bank achieved highest Operating Profit of Rs 11,384 crore during FY’14. Net Interest Margin (NIM) at 3.44% remained one of the highest amongst peer banks.The Bank has a strong capital base with capital adequacy ratio of 12.29% as per Basel II and 11.52% as per Basel III as on Mar’14. The Bank has maintained its number one position with highest Book value per share of Rs.952.50 as at the end Mar’14 amongst peers.
Financial inclusion has been priority area for the Bank as reflected in its mission "Banking for the unbanked”. To provide Business Correspondents (BC) services online, the Bank has put in place Kiosk Banking Solution (KBS). With this new technology the Financial Inclusion customers can access all the banking services (Account opening, cash withdrawal, cash deposit, mini statement, balance enquiry and fund transfer, etc.) required by them at BC location in real time.
For an efficient use of BC network, The Bank has adopted a mix of BC models using KBS technology for each Sub Service area (SSA) or Urban Ward (UW) within service area of each base branch. The Bank has 8490 SSAs across the country.
Government jobs come up and the recruitment process has to be done by authorised government bodies such as the public service commission, railway recruitment board for railway jobs, etc. These jobs are published in the employment news at regular intervals which might be once in a year or sometimes not unless there is a group of vacancies. For getting through jobs in the Punjab National Bank, people therefore will need to wait and look at the government employment news to see if the jobs fitting the candidates qualification has been published or not. The scenario is not like the private sector, where the jobs can be taken up by walking in or applying anytime. Due to the rules laid down which tend to carry on for long years, those interested in such jobs need to keep their eyes and ears open, if they are to get into the services of their choice and those which are commensurate with the qualifications.
How to Get Latest Punjab National Bank Recruitment Alert?
A notification is sent via email by most of the Punjab National Bank recruitment when the person applies for the job. If you are looking for free job alert then following this page. This notification is usually sent once the job vacancy is closed. A numerical score is given to the applicants for each job that is applied. There are some factors due to which the score of the applicants is affected. These factors include the KSA questionnaire, resume weight, education, disability rating and veteran’s preference. If the score is high, the chances for getting the job are also very high. All the necessary documentation should be submitted when a person is applying for the job. If there are failures in submission, there may be delays in processing of applications. Sometimes the authorities completely refuse to take the applications. One should ensure that proper documentation is submitted for every job announcement that one wishes to apply to for.
Best Way to Crack Punjab National Bank Jobs Interview
With the demanding trends of job market people are getting nerves for cracking the codes. Prom the perspective of Punjab National Bank job is the 1st choice. In every Indian heart there is a soft corner for government jobs and every father wants his son to be a government job holder. Indian mindset is more biased towards stability and security with government jobs. However, the scenario has changed and people face stiff competition even with a government job. It has become a matter of pride to be in the Government sector than miss in the mass of private sectors. Whatever sectors you may choose as your career option the introductory procedures are nevertheless equal. You have to appear before skill tests and interviews to crack the rock. With the rise of demand for government jobs the interviews are becoming stiffer and thorny. Adequate homework and per-preparation with these simple yet effective tips can help to crack government job interviews.
Top Punjab National Bank Recruitment Bringing Freshers In Large Numbers
A very important change that the 21st century has brought in the Indian society is the manner in which people are looking at Punjab National Bank jobs. In almost every aspect of jobs, the Punjab National Bank is becoming the first choice for people, who are passing out freshly from colleges and for those who are already in a profession. Everyone seems to be seeking a job in a Punjab National Bank organization. Be it an engineer, or even a clerk, the Punjab National Bank jobs are attracting people in large numbers. One of the major areas where students are queuing up for jobs in government is the IT sector. The information technology jobs in India as well as abroad, were quite many. And students immediately after passing out were readily absorbed into these jobs, quite easily.
But since the jobs have also been opening up in the government sectors, students are trying to come into these jobs. With factors being favorable for the freshers, such as stability, pay, and promotions, these, government IT jobs are becoming demanded. Computer is being utilized in various aspects of government.