banking
Preparing Future Managers in Logistics, Aviation, Banking, Automobile, Competitive Exams & Design Industry
Preparing Future Managers in Logistics, Aviation, Banking, Automobile, Competitive Exams & Design Industry

About Banking Industry

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  • India’s banking sector is currently valued at INR 81 trillion (US$ 1.31 trillion).
  • Banks are now reaching out to the masses with technology to facilitate greater ease of communication, and transactions are carried out through the Internet and mobile devices.
  • India’s banking sector has the potential to become the fifth largest banking sector globally by 2020 and the third largest by 2025.
  • This could lead to a greater number of banks in the country; the style of operation could also evolve with the integration of modern technology into the industry.
  • Banking is one of the largest employers in India and has the potential to provide over 7, 50,000 jobs in the course of the next five years.
  • Access to banking system has also improved over the years due to persistent government efforts to promote banking-technology and promote expansion in unbanked and non-metropolitan regions.
  • The industry has witnessed discernable development, with deposits growing at a CAGR of 21.2 per cent.

Career Prospects in Banking Industry

  • Branch Manager in Retail Banking
  • Business Development Manager in Corporate Sales
  • Business Development Manager Broking
  • Portfolio Manager
  • Banking Business Analyst
  • Banking Customer Service Manager
  • Bank Loan Manager
  • Assistant Bank Manager