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Number of Applicants
Bank exams witness an overwhelming number of applicants. For instance, exams conducted by the State Bank of India (SBI) and the Institute of Banking Personnel Selection (IBPS) receive millions of applications each year.
Competition Ratio
The competition for bank exams is fierce, with the number of applicants far exceeding the number of available vacancies.
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Growth of Private Banks
Apart from public sector banks, private banks and other financial institutions in India also conduct their recruitment exams, offering additional opportunities to candidates.
Online Examination
In recent years, bank exams have shifted to online mode, streamlining the examination process and providing a more efficient evaluation system.
BANKING
Job Security
Banking jobs in India offer excellent job security, as banks are established institutions with stable operations.
Career Growth
Banks offer various opportunities for career advancement, promotions, and skill development.
Attractive Pay and Perks
The banking sector provides competitive salaries, allowances, and benefits, making it financially rewarding.
Work-Life Balance
Banks typically provide a favorable work-life balance, ensuring employees have time for personal commitments and family life.
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