RPLI VEDIO OF TENALI DIVISION

Sunday 23 June 2013

SBI plans to hire 10,000 officers, employees in current fiscal

Written By Admin on 24 June 2013 | Monday, June 24, 2013

SBI plans to hire 10,000 officers, employees in current fiscal



Happy news coming for all job seekers in banking sector is that State Bank of India plans to hire 10,000 officers and employees in the current fiscal to spruce up its operations.

"We will be hiring 10,000 people this year, including 1,500 probationary officers, the process for which started in April. Around 7,500 will be retiring this fiscal," SBI Chairman Pratip Chaudhuri told PTI.

"We have upgraded our branches, all have become air-conditioned. We have adequately staffed our branches. In the last quarter, we recruited 20,000 assistant grade employees at front office," he said.

The bank plans to open about 1,200 branches in the country and another eight branch offices overseas, including China and the UK, in the current fiscal.

Public sector banks hired around 63,000 persons in the last financial year.
The country's largest bank SBI alone recruited 20,000 clerical staff and 1,200 officer level employees.
Besides, other public sector banks hired 22,000 officers and 20,000 clerical staff in the last fiscal.
There were 84,489 vacancies at various levels in the state-owned banks at the end of 2010-11.
Most of the state-owned banks have undertaken recruitment drives in recent years.


The public sector banks had a sanctioned strength of about 8 lakh employees as on March 31, 2012.

Thursday 20 June 2013

SBI Notified Recruitment of Rajbhasha Adhikari Posts 2013


 
SBI Notified Recruitment of Rajbhasha Adhikari Posts 2013
Recruitment of Rajbhasha Officers in SBI
Advt. No. CRPD/SCO/2013-14/01
Date of Online Exam : 11.08.2013

State Bank of India invited applications for the recruitment to the posts of Rajbhasha Adhikari. The candidates eligible for the posts are required to apply through prescribed format before 13 July 2013.

Important Dates
Online Registration from : 24.06.2013
Last Date for Online registration : 13.07.2013

Online Fee Payment from : 24.06.2013
Last Date for Online Fee Payment : 13.07.2013

Offline Fee Payment from : 26.06.2013
Last Date for Offline Fee Payment : 16.07.2013

Date of Online Exam : 11.08.2013

Details of Posts
• Name of Post: Assistant Manager JMGS Grade I
• No of Posts: 17 vacancies

Age limit
Candidate age must be between 21-30 years as on 1 June 2013.

Educational Qualification
• Post Graduate Degree in Hindi with English as a subject at Degree level OR Post Graduate Degree in Sanskrit with Hindi and English as subjects at Degree level.
• Minimum 1 year experience of translation work from English to Hindi & Vice versa  in full time post in reputed organization.

Application Fee
• Rs.200/- for General and OBC Candidates
• Rs.50/- for SC/ST Candidates.
Pay Scale:  Rs 14500-600/7-18700-700/2-20100-800/7- 25700

Selection Process
The candidates will be selected on the basis of performance in written test and followed by Interview. The Written test is scheduled on 11 August 2013.

How to Apply
• Candidates can apply online through the website www.statebankofindia.com or www.sbi.co.in between 24 June 2013 to 13 July 2013.
• No other means/ mode of application will be accepted.
• After online registration candidates are required to pay the requisite application fee through one of the following mode-

I.Offline mode (the system will generate a cash voucher/ challan form pre-printed with the candidate's details which will be required to be presented at any State Bank of India branch counter with the requisite fee. On payment of the requisite fee through computer generated challan form, registration of the online application will be complete).
II. Online mode (the payment can be made by using debit card/ credit card/ Internet Banking).


Wednesday 19 June 2013

Notification for holding of Inspector Posts Examination 0n 7 & 8th September, 2013 issued by Directorate.


 
Directorate vide memo No. A.34012/05/2013-DE dated 17/6/2013 has issued notification for holding Limited Departmental Competative Examination for the promotion to the cadre of Inspector Posts 66.66% Departmental Quota for the year 2013 on 7/9/2013 and 8/9/2013. To view the original copy of Directorate memo, please CLICK HERE.

Notification of holding LGO Examination for the year 2013 on 8/9/2013 issued by Directorate.

 
Directorate viay, June 19, 2013de memo No. A.34012/7/2013-DE dated 17/6/2013 has issued notification for holding Limited Departmental Competative Examination for the promotion of Lower Grade Officials to the cadre of Postal Assistants / Sorting Assistants for the year 2013 on 8/9/2013. To view the original copy of Directorate memo, please CLICK HERE.

India Post’s bank plans meet hurdle


Written By Admin on 19 June 2013 | Wednesday, June 19, 2013


The Department of Financial Services (DFS) has opposed the proposal of the Department of Posts (DoP) to apply for a banking licence. According to the DFS, though the network of post offices is large with 1.55 lakh offices across the country, they neither have an interconnected system in place to give people access to their money anywhere and at anytime like the banks, nor experience in lending.

“A Cabinet note is being circulated by the DoP for them to apply for a banking licence. But we are against the move,” a senior DFS official told FE.
The DoP wants to start a bank initially with at least 40-50 branches – with one or two in each state – with a focus on lending to small and medium enterprises and gradually over a period of ten years increase the branch network to around 800 by going into rural areas. According to the RBI guidelines, the initial minimum paid-up voting equity capital for a bank should be Rs 500 crore, while the DoP has sought a capital of Rs1,900 crore for its banking venture, sources said.
The DFS official, however, said the DoP's plan seems “half-baked” as it was “not clear on how they will evolve a system like the banks have to help their depositors access money easily anywhere at anytime.”
“Banking is a different ball game altogether. It will require a lot of training for the post office staff to learn the rules. It will not be easy for DoP to run a full-fledged bank,” the official said, adding that a lack of experience in lending is also a drawback for the DoP.
The DoP, however, is keen to submit its application to the RBI before the July 1 deadline and the bank will be set up a through a wholly-owned Non-Operative Financial Holding Company (NOFHC). The DoP had taken the help of consultancy firm Ernst & Young in preparing its strategy. “The main benefit (in giving a bank licence to DoP) is that it will help boost the financial inclusion plan,” said Ashvin Parekh, national leader (global financial services), Ernst & Young. The Cabinet note was prepared on the basis of the Ernst & Young report.
The DoP intention is not to convert all its post offices into banks, but wants a separate banking entity for which it has decided to hire a separate team of professionals, sources said. It has already spent around R200 crore in the last four years to put up a core banking solutions-like system in place, they added.
Incidentally, the government had started a R4909 crore-worth information technology-driven project to modernise the postal network. The government had allocated R532 crore in 2013-14 to make post offices a part of the core banking solution and help it offer real time banking services.
The DoP also pointed out that the post offices reach even the remote corners of the country as the network includes 1.4 lakh post offices in rural areas, 15,000 in urban areas and another 30,000 points of presence. Post offices already offer many financial services for urban and rural people including savings accounts, recurring deposit accounts, monthly income schemes, public provident fund, time deposits, senior citizens savings scheme, national savings certificates and postal life insurance. Besides, post offices also offer money remittance services, distribution of mutual funds and securities and are also provide electronic international money order service and forex services.

The DoP also provides services on the new pension scheme and retail services such as sale of forms and bill collection. The DoP is also a government agent for providing services on Mahatma Gandhi National Rural Employment Guarantee Scheme wage disbursement and old age pension payments.
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PA/SA DIRECT RECRUITMENT RESULT



It is informed that the circle wise final result of PA/SA direct recruitment exam will be announced during the period from 1st August to 30th September 2013. Valuation of exam papers already over and Hall permit for computer test will be issued shortly. It is proposed to have online computer test for the selected candidates. About 14 lakhs candidates appeared in the exam for PA for the vacancies around 5100.

Tuesday 18 June 2013

PROBLEMS ON TIME WORK

IndiaBIX.com

Aptitude :: Time and Work

@ : Home > Aptitude > Time and Work > General Questions

Overview

Exercise

"The secret to creativity is knowing how to hide your sources."
- Albert Einstein
1. 
A can do a work in 15 days and B in 20 days. If they work on it together for 4 days, then the fraction of the work that is left is :
A.
1
4
B.
1
10
C.
7
15
D.
8
15

2. 
A can lay railway track between two given stations in 16 days and B can do the same job in 12 days. With help of C, they did the job in 4 days only. Then, C alone can do the job in:
A.
91days
5
B.
92days
5
C.
93days
5
D.10

3. 
A, B and C can do a piece of work in 20, 30 and 60 days respectively. In how many days can A do the work if he is assisted by B and C on every third day?
A.12 daysB.15 days
C.16 daysD.18 days

4. 
A is thrice as good as workman as B and therefore is able to finish a job in 60 days less than B. Working together, they can do it in:
A.20 daysB.
221days
2
C.25 daysD.30 days

5. 
A alone can do a piece of work in 6 days and B alone in 8 days. A and B undertook to do it for Rs. 3200. With the help of C, they completed the work in 3 days. How much is to be paid to C?
A.Rs. 375B.Rs. 400
C.Rs. 600D.Rs. 800




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