Target RBI Grade B 2027
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Updates about RBI Grade B, RBI Assistant and SEBI Grade A, NABARD Grade A, Grade B and Development Assistant Exams and latest news regarding important Economy, Banking and Finance developments.
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The #Rajasthan #Cooperative #Recruitment #Board, #Jaipur, has issued a notification (dated 10-12-2024) for the #recruitment of 449 vacancies in the #Rajasthan #State #CoOperative #Bank (#ApexBank) and various #District #Central #Cooperative #Banks (#DCCBs) across the state.

The positions and their total distributions are as follows:


#Senior #Manager: 5 posts (Non-TSP)

#Manager: 101 posts (90 Non-TSP, 10 TSP, 1 Baran Sahriva)

#Computer #Programmer: 7 posts (Non-TSP)

#Banking #Assistant: 336 posts (300 Non-TSP, 31 TSP, 5 Baran Sahriva)

Overall, there are 402 Non-TSP posts, 41 TSP posts, and 6 Baran Sahriva posts, totaling 449 vacancies. Interested and eligible candidates can submit their applications online through the official website (https://rajcrb.rajasthan.gov.in). This notification supersedes previous notices issued by the Board.
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Comparison of #Public #Sector #Banks and #Private #Sector #Banks on the basic of ๐‘๐ž๐ญ๐ฎ๐ซ๐ง ๐จ๐Ÿ ๐„๐ช๐ฎ๐ข๐ญ๐ฒ (๐‘๐จ๐„) and ๐๐ซ๐จ๐Ÿ๐ข๐ญ ๐๐ž๐ซ ๐„๐ฆ๐ฉ๐ฅ๐จ๐ฒ๐ž๐ž!

๐Ž๐ซ๐š๐ง๐ ๐ž ๐‚๐จ๐ฅ๐จ๐ฎ๐ซ: Banks having RoE of more than 15%

๐๐ฅ๐ฎ๐ž ๐‚๐จ๐ฅ๐จ๐ฎ๐ซ: Banks having a Profit Per Employee of more than Rs.15 lakhs.
(You wont get such readymade comparison anywhere; I have compiled this data.)
๐’๐จ๐ฎ๐ซ๐œ๐ž: RBI, Database on Indian Economy

https://data.rbi.org.in/DBIE/#/dbie/reports/Publication/Time-Series%20Publications/Statistical%20Tables%20Relating%20to%20Banks%20in%20India/Tables%20based%20on%20Annual%20Accounts
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#SBI is way ahead of other #Public #Sector #Banks!

Its standard is different. No waiting list for SBI PO, 2 years of rigorous training, exam after training, removal of low-performing POs, JIBO Exam for foreign posting, separate recruitment, 15-20% higher salary than other PSB POs.
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#Banksโ€™ #Concern:Banks are urging the government to cut small savings scheme interest rates, as higher rates attract deposits away from banks, limiting their credit growth and liquidity management.
#Governmentโ€™s #Dilemma:
Despite RBI nudging for rate cuts, the government hesitates due to political sensitivities, as small savings schemes are crucial for common citizens, offering safe and attractive returns.
#Impact on #Economy:High small savings rates, compared to falling market rates, could disrupt monetary policy transmission and hurt banks' deposit mobilization efforts.
Nice article! Must read for Bankers!
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