Banking As a Profession


For Young graduate, an attractive offer after college is banking profession. It remains in this most wanted job position for years and it is because it enjoys much respect and prestige in the society. After the extinction of BSRB the only window to enter into this well sought career is Probationary Officers (PO) Exams conducted by individual banks. Banks inducts eligible graduates by this exam for training for a probational period of two years. The selected candidates performance during the probation period will decide their position after training. Different Banks recruit probationary officers during different periods in the year. Students has to keep on watch about the notifications and should be alert on applying promptly.

Career as a Probationary Officer


Pursuing Career as a probationary officer is a unique experience in itself. But it is the most common and highly sought after question that "what a Probationary Officer really do?".After the selection and till the date of joining the same question was making my mind puzzle. Hence I would like to share some of my experience with all of you looking after banks as a career option. I would be sharing my day to day experience within the bank so stay with us ...

Sunday

Public Sector Banks - Seniority Scales & Designation

Many a times, it has been seen that aspirants of joining Public Sector Banks have some doubt in their minds regarding the scales and designation in the Banks. The seniority levels in the Banks are as under:

i. Junior Management Grade Scale (JMGS) - I: Assistant Manager

when a person is recruited in bank as a Probationary Officer (PO), he will be absorbed in JMGS - I, he is called a PO because he is in probation.

ii. Middle Management Grade Scale (MMGS) - II: Deputy Manager
iii.  Middle Management Grade Scale (MMGS) - III: Manager
iv. Scale IV: Chief Manager
v. Scale V: Assistant General Manager (AGM)
vi. Scale VI: Deputy General Manager (DGM)
vii. Scale VII: General Manager (GM)
iix. Scale IIX: Chief General Manager (CGM)

Thereafter top most positions in SBI, there is Deputy Managing Director (DMD), Managing Director (MD) and Chairman.

Top most senior positions in different banks are named differently in other banks. 

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