Central Bank ITI Recruitment 2023 Central Bank of India has recently released a notification for the recruitment of 5000 Engagement of Apprentices Posts. The bank has invited online applications from eligible candidates for this recruitment drive. Interested candidates can visit the official website of Central Bank of India at and apply for the same between 20.03.2023 to 03.04.2023.
The apprenticeship program offered by Central Bank of India is a great opportunity for those who are looking to start their career in the banking sector. The selected candidates will undergo a training period of one year, during which they will learn about various aspects of banking and finance. Upon successful completion of the apprenticeship program, the candidates will be awarded a certificate.
To be eligible for the apprenticeship program, candidates must have a minimum educational qualification of a graduate degree from a recognized university. They must also be between the ages of 18 and 28 years as on 01.03.2023. Candidates belonging to reserved categories will be eligible for relaxation in age limit as per government norms.
The selection process for the apprenticeship program will be based on an online test followed by an interview. Candidates who qualify in the online test will be called for the interview. The final selection will be based on the candidate’s performance in the online test and interview.
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Quick Information About Central Bank ITI Recruitment 2023
| Department Name | Central Bank of India |
| Category of this Job: | central Government Job |
| Job Type : | Permanent government Jobs |
| Total Vacancies: | Various + post |
| Name Of The Vacancy: | 5000 Apprentices Posts |
| Place Of Postings: | All over India and Tamil Nadu |
| Application starting Date: | 20.03.2023 |
| Application Ending Date: | 03.04.2023 |
| Apply Mode On: | Online Mode |
| Official Website Link : | https://www.centralbankofindia.co.in/ |
Disclaimer:
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Vacancy details For this job:
Vacancy Name = 5000 Apprentices Posts
Education criteria :
All candidates must have 10 th to Any Degree for this recruitment.
Full details for this Central Bank ITI Recruitment 2023
The educational qualification required for this position is a graduate degree in any discipline from a recognized university or any equivalent qualifications recognized as such by the Central Government. This means that the candidate must have completed a Bachelor’s degree from a recognized institution. The degree can be in any discipline, such as Arts, Science, Commerce, Engineering, or any other field.
To be recognized as an equivalent qualification by the Central Government, the degree must meet certain criteria and be approved by the relevant authority. This is to ensure that the degree program meets the required standards and is of a comparable level to other recognized degrees.
Having a graduate degree is important as it provides a solid foundation for further learning and professional development. It demonstrates that the candidate has the ability to learn and apply knowledge, has critical thinking and analytical skills, and can communicate effectively.
In addition to the degree, it is also essential that the candidate has relevant skills and knowledge related to the position they are applying for. This can include specific technical skills, such as programming languages or software proficiency, or soft skills such as communication, teamwork, and problem-solving abilities.
Overall, the educational qualification requirement for this position ensures that candidates have a solid educational foundation and are equipped with the skills and knowledge necessary to excel in the position.
The age limit for this opportunity is between 20 to 28 years, as on the cut-off date. It is important to note that there may be some relaxation in the upper age limit for certain categories such as SC/ST/OBC/PWBD, as per the guidelines set by the Government of India.
For those who are selected as apprentices, the stipend offered will vary depending on the type of branch they are working in. Rural and semi-urban branches offer a stipend of Rs. 10,000 with a diem allowance of Rs. 225, while urban branches offer a stipend of Rs. 12,000 with a diem allowance of Rs. 300. Those working in metro branches will receive a stipend of Rs. 15,000 with a diem allowance of Rs. 350.
It is important to note that this stipend is not a salary, but rather an allowance given to apprentices to cover their basic living expenses. The main objective of this apprenticeship is to provide practical training to individuals who are interested in pursuing a career in the banking sector. The training provided will help to develop their skills and knowledge in various areas of banking, including customer service, financial analysis, and banking regulations.
During the apprenticeship, individuals will work under the supervision of experienced professionals and will have the opportunity to learn about various banking products and services. They will also have the opportunity to interact with customers and gain valuable experience in handling customer inquiries and complaints. Additionally, they will be trained in the use of banking software and other tools that are essential for carrying out banking operations.
Overall, this apprenticeship offers a great opportunity for individuals who are interested in pursuing a career in the banking sector. It provides hands-on training and valuable experience that will help them to develop the skills and knowledge needed to succeed in this field. Additionally, the stipend offered will help to cover their basic living expenses during the apprenticeship, making it easier for them to focus on their training and learning.
Central Bank of India, one of the oldest and largest banks in India, provides various opportunities for job seekers to join its workforce. The bank recruits candidates for different positions, including apprentices. The selection process for Central Bank of India Apprentice involves an online written test and an interview. Interested candidates must apply online through the bank’s official website within the given time frame and pay the required application fee. In this article, we will explore the selection process for Central Bank of India Apprentice in detail.
The Central Bank of India is a leading public sector bank in India that offers a wide range of financial services to its customers. The bank has a large network of branches and ATMs across the country and is known for its customer-centric approach. To maintain the quality of its services, the bank recruits skilled and talented individuals for various positions, including apprentices.
The selection process for Central Bank of India Apprentice involves two stages: an online written test and an interview. Let us discuss each stage in detail.
Online Written Test
The first stage of the selection process is an online written test. The test is conducted in an objective type format and covers various topics related to banking and finance, general awareness, and quantitative aptitude. The candidates are required to answer the questions within the given time frame.
The online written test is designed to assess the candidate’s knowledge and aptitude in the relevant field. The candidates who clear the written test are shortlisted for the next stage, which is the interview.
Merit List & Interview
The candidates who clear the written test are shortlisted based on their performance and are called for the interview. The interview is conducted to evaluate the candidate’s communication skills, personality, and ability to work in a team.
The interview panel consists of senior officials from the bank who ask questions related to the candidate’s educational qualifications, work experience, and other relevant skills. The interview is a crucial stage of the selection process, and the candidates must prepare well to impress the interview panel.
The final selection of the candidates is based on their performance in both the written test and the interview. The candidates who make it to the final merit list are offered the apprenticeship position in the Central Bank of India.
Application Fee/Exam Fee
Candidates who are interested in applying for the Central Bank of India Apprentice position must pay the application fee/exam fee as per the bank’s guidelines. The fee structure varies for different categories of candidates. The details are as follows:
- PWBD candidates: Rs.400/-+GST
- Schedule Caste / Schedule Tribe / All Women candidates: Rs.600/-+GST
- All Other Candidates: Rs. 800/-+GST
The application fee/exam fee must be remitted by all eligible candidates only on demand by the scrutinizing/examining body deputed by the bank. The GST @ 18% extra will be charged on the application fee.
How to Apply for Central Bank of India Apprentice Post
Candidates who fulfill all the above criteria can apply online only through the link on the Central Bank of India website in the careers webpage under current openings section i.e. from 20.03.2023 to 03.04.2023. No other mode of application will be accepted.
The candidates must ensure that they meet the eligibility criteria and have all the required documents before applying online. They must also pay the application fee/exam fee as per the bank’s guidelines. Once the application process is complete, the candidates must keep a copy of the application form for future reference.
Conclusion
The Central Bank of India provides excellent opportunities for candidates who are interested in a career in banking and finance. The selection process for the Apprentice position involves an online written test and an interview. The candidates who clear both stages of the selection process are offered
The Central Bank of India, also known as RBI (Reserve Bank of India), is the central banking institution of India. It was established on April 1, 1935, under the Reserve Bank of India Act, 1934, and it started its operations on April 1, 1935, in accordance with the provisions of the Act. The RBI has been given the responsibility of controlling the monetary policy of the country and maintaining price stability, while also ensuring the stability of the financial system.
The RBI has a wide range of functions that can be broadly categorized into the following areas: monetary policy, regulation and supervision of banks and financial institutions, management of foreign exchange reserves, and development of the financial system.
Monetary Policy The RBI is responsible for formulating and implementing monetary policy in India. The primary objective of monetary policy is to maintain price stability while also promoting economic growth. The RBI achieves this by controlling the supply of money in the economy, adjusting interest rates, and regulating the credit system.
The RBI uses a variety of tools to implement monetary policy, including open market operations, bank rate, statutory liquidity ratio, cash reserve ratio, and the repo rate. Open market operations involve the buying and selling of government securities to control the supply of money in the economy. The bank rate is the rate at which the RBI lends to commercial banks, while the statutory liquidity ratio and cash reserve ratio are the proportions of deposits that banks must maintain in the form of liquid assets and cash, respectively. The repo rate is the rate at which the RBI lends to commercial banks for short periods.
Regulation and Supervision of Banks and Financial Institutions The RBI is responsible for regulating and supervising banks and financial institutions in India. This involves ensuring that these institutions comply with the relevant laws and regulations, and that they operate in a safe and sound manner. The RBI is also responsible for licensing new banks and determining their capital requirements.
The RBI’s regulatory and supervisory functions are important for maintaining the stability of the financial system and protecting the interests of depositors. The RBI has the power to impose penalties on banks and financial institutions that violate the rules and regulations.
Management of Foreign Exchange Reserves The RBI manages India’s foreign exchange reserves, which are held in various currencies such as US dollars, euros, pounds sterling, and Japanese yen. The RBI’s objective in managing these reserves is to maintain liquidity and to provide a buffer against external shocks.
The RBI is also responsible for ensuring the stability of the exchange rate, which is the rate at which the Indian rupee is traded against other currencies. The RBI intervenes in the foreign exchange market by buying or selling foreign currency to maintain the exchange rate within a predetermined range.
Development of the Financial System The RBI plays an important role in developing the financial system in India. This involves promoting financial inclusion, encouraging the development of new financial instruments and markets, and ensuring the availability of credit to productive sectors of the economy.
The RBI has set up various institutions and initiatives to promote financial inclusion, such as the National Payments Corporation of India (NPCI), which operates the Unified Payments Interface (UPI) and other digital payment systems. The RBI also regulates and supervises non-bank financial institutions such as insurance companies, mutual funds, and housing finance companies.
Conclusion The Central Bank of India plays a critical role in the Indian economy. Its functions are varied and wide-ranging, and it is responsible for maintaining the stability of the financial system, regulating and supervising banks and financial institutions, managing foreign exchange reserves, and developing the financial system. Through its actions, the RBI has helped to ensure that India’s economy remains stable and resilient, even in the face of global economic challenges.
Important Dates For This Job:
| Application starting Date: | 20.03.2023 |
| Application Ending Date: | 03.04.2023 |
Official Notification & Application Central Bank ITI Recruitment 2023
| Central Bank ITI Recruitment 2023 Official Website Link | CLICK HERE |
| Central Bank ITI Recruitment 2023 Official Notification Link | CLICK HERE |
| Central Bank ITI Recruitment 2023 Official Apply Link | CLICK HERE |
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Notification & Application & Study Materials எடுக்கத் தெரியவில்லை என்றால் இந்த வீடியோ பாருங்க 👉👉👇👇 : https://youtu.be/aIJ8nvm8KLw
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