Before we jump into the most common interview questions and answers, it'd be wrong not to remind you of a few realities about the job. Sample Interview Questions with Suggested Ways of Answering. Q. Tell me about A. Point out your positive attributes related to the job. Q. What are your. Example: Canara bank, syndicate bank, Vijaya bank, etc.., There are total 20 nationalized banks. State bank of India has got 7 subsidiaries they are State bank .
|Language:||English, Spanish, Arabic|
|Genre:||Politics & Laws|
|Distribution:||Free* [*Sign up for free]|
A bank is a financial institution licensed as a receiver of cash deposits. Top 50 Banking Interview Questions & Answers .. Download PDF. Interview sessions are considered tough by many, as it involves speaking out. Here are some commonly asked bank interview questions methods to answer. BONUS PDF CHEAT SHEET: Download our "Job Interview Questions & Answers PDF Cheat Sheet" that gives you word-for-word sample answers to the.
Tweet Why did you decide to become a banker? Asking this question in the beginning of the interview will give you a better idea of your candidate and their motivation for working for you. What to look for in an answer: Underlying motivation History that led to their job search and choice of career Personal insights Example: "I feel that a career in the financial industry would be the most beneficial use of my knowledge and skills in accounting and problem-solving.
I have always been fascinated by the financial world, am ambitious and hard-working and can bring great value to your company. Here the candidate should divulge their career history a bit more. What to look for in an answer: Whether the candidate understands the responsibilities of the position Skillset match Honesty Example: "After looking at the job requirements and researching your company history and policies, I think that my skills in customer care, accuracy and smart investing can help your clients make smart financial decisions.
I am committed to complete confidentiality and have had previous experience dealing with tough customers. Its OK to be a manager certain situations require it. Being a leader is the next level of managerial development, so convey what is appropriate for you. It includes planinig, coordinating, controlling, all these thinks.
It mainly concentrate to avoid any speculation of work and follow the managerial activities of above. Followers is just like follow to who are giving one work should be clearly fullfil that.
What significant trends do you see in the future for our industry? This is your chance to shine. You will be fully familiar with the economic situation as it relates to banking or how recent legislation affects it.
How will you be familiar? Because you will have done your research and preparation properly. You will have talked to people about the employer, you will have been reading trade magazines, journals and newspapers, and you will have poured over company brochures, annual reports or anything else you can get your hands on direct from the employer.
You could talk about tele-banking, the limited range of services now being offered by the supermarket banks, the effects of technology and competition and much more.
The Employment Files in the Careers Service library are an obvious first place to look. The Internet is also an excellent source of information. Be ready to have more than one significant trend to discuss. The most significant trends is to maintain relationships with client, provide them best services at earliest, application of new technologies, reach out to remote areas, educating customer the benefits of banks.
Describe your involvement in re engineering down-sizing or cost containment processes? Healthcare continues to go through major changes. Describe in a positive way what changes you led facilitated or were involved in as a participant.
Use examples where you specifically made changes and describe the outcome. Why do you choose banking sector?
Banking sector has evolved tremendously in the past decade. It is not just limited to its basic role of lending money n taking deposits. There has been develpoment of adequate professional management and modern managerial techniques and practices in banking. Banking operations now also serve a large social purpose. What is probability officer and its duties and responsibilities? The Main role of Probationary officer in a banking is to maintain the operation in all levels of banking and he holds the position period up to the bank's rule.
After Completion of trining only you have the Responsibilities under which u have to be Promoted. High achievers tend to perform well in high pressure situations. These questions also could imply that the position is pressure packed. If you do perform well under stress provide an example with details giving an overview of the stressful situation. Let the interviewer feel the stress by your description.
In such a stressful situation first you would try to be focussed and strategically plan to arrive at the best and logical decision, which the situation would require. Where have you saved money handled more with less or found other ways to cut cost or increase productivity?
Describe your actions with a positive can-do attitude. Most organizations face these same issues and your proven success will make a good impression. Be specific and describe your successes in quantifiable terms. Share those achievements where you increased revenue reduced costs improved quality of care or otherwise improved the bottom line. Know the positive impact you have made for your current and past organizations. Well articulated, these answers can land your next opportunity.
As it is banking sector, it has to face social and economic factors which leads to economic growth for developed and under developed countries.
Every sector has its own kind of challenges to face when it comes to banking sector its challenges are very high. Who are our major competitors and what differences do you notice in our Bankings products? The company will be expecting that you have done your research on the industry generally.
You should be familiar with the bank's products and services - literature on these can be picked up at any branch. Read the banks brochures and annual reports - these may be in the careers information room.
Be aware of current trends in the market and try to find out what each bank is doing in these areas. Insurance and Mutual Fund sectors are competitiors to banking industry. Banking products are different than those prodcuts as banking products assure rewards on investment where as others can't gve any assurance. Get daily job alert, placement paper and GK updates every day on your email. Register Now to benefit from our unlimited fresher focussed services!
Contribute Placement Papers. Free Job Alert. Sarkari Naukri.
Employment News. Sarkari Results.
What are you looking for now? Why do you want to leave your current job?
Where do you see yourself in five years? How do you deal with pressure or stressful situations? Additional questions related to the ones above: Tell me about a time you disagreed with a decision. What did you do? Even more common interview questions: Describe a time you exercised leadership?
Can you give an example of how you worked on a team?