Banking as of now is the most sought after career among all the students as well as experienced people. Though it may appear in the beginning that this is a career which is mainly suitable to only to commerce or economic students, the ground reality is that many of the students from many other backgrounds. The top most positions in the banking industry are not at all held by Management professionals but on the other hand experienced people. But as the sector is undergoing changes, many public sector banks are also recruiting people of who have done their management courses such as MBA and all as Management Trainees. The banking as a career is important in terms of the security and status factor that is associated with it.
As far the industry in general is concerned it is expanding on a larger scale. Entry of many private financial lending institutions has changed the face of banking. There is high competition that the banks are facing in this way. As a result banks are forced to modify their products and launch variants of mutual funds, credit cards and various loan products including gold loan and forex activities.
The professionals in India are having multiple growth opportunities in terms of their career in banks. The qualifications and the personality traits that they possess have helped them to move on to higher scales in the banking industry on a global scale as such.
As far the industry in general is concerned it is expanding on a larger scale. Entry of many private financial lending institutions has changed the face of banking. There is high competition that the banks are facing in this way. As a result banks are forced to modify their products and launch variants of mutual funds, credit cards and various loan products including gold loan and forex activities.
The professionals in India are having multiple growth opportunities in terms of their career in banks. The qualifications and the personality traits that they possess have helped them to move on to higher scales in the banking industry on a global scale as such.