Indian Banking System & Jobs

Total Indian Banks In India
Total Foreign Banks In India
State Bank Of India [SBI]
How to Apply
Private Banks Of India
How to Apply
IFSC- Indian Financial System Code
MICR- Magnetic Ink Character Recognition
CIF- Customer Information File
RTGS- Real Time Gross Settlement
NEFT- National Electronic Funds Transfer
IMPS- Immediate Payment Service
UPI- Unified Payments Interface
BHIM- Bharat Interface for Money
Banking Jobs Type
This will help you to understand the JOB role
Executive-Level Jobs
Top Leadership Roles
Entry-Level Jobs
- Probationary Officer (PO): One of the most sought-after roles in banks, usually involving responsibilities in branch operations, management, customer service, and business development.
- Clerical Staff (Office Assistant/Clerk): This includes roles in handling routine clerical work, such as processing transactions, data entry, customer service, and maintaining records.
- Banking Associate: This role involves customer-facing activities, including opening accounts, explaining products, and providing banking services. TOP
Mid-Level Jobs
- Assistant Manager (AM): Generally responsible for managing a branch or a specific department, like loans, cash management, and customer service.
- Relationship Manager (RM): Focuses on building and maintaining relationships with clients, offering banking products and services, and managing customer portfolios.
- Senior Clerk: More experienced clerks who may supervise or manage a team of junior clerks. TOP
Managerial Positions
- Manager: In charge of overseeing the activities within a specific department or branch. A manager may supervise teams, manage accounts, or ensure smooth operations.
- Branch Manager (BM): The person in charge of the overall functioning of a bank branch, including operations, customer service, and business development.
- Assistant General Manager (AGM): A senior managerial role responsible for overseeing multiple branches or large-scale operations. TOP
Senior-Level Jobs
- Deputy General Manager (DGM): Typically responsible for a division or group of branches and plays a significant role in strategic decision-making.
- General Manager (GM): A high-level executive responsible for managing large areas of bank operations, often dealing with policy decisions and bank-wide strategies. TOP
Specialized Roles
- Credit Analyst: Specializes in assessing the creditworthiness of loan applicants, analyzing financial documents, and making decisions regarding loan approvals.
- Forex Dealer: Manages foreign exchange services for the bank, dealing with currency exchange and managing the risk related to exchange rates.
- Risk Manager: Oversees and manages the risk portfolio of the bank, including credit risk, market risk, and operational risk.
- IT Officer/Manager: Responsible for the bank’s information technology systems, cybersecurity, and ensuring the smooth operation of digital banking services.
- Compliance Officer: Ensures that the bank adheres to regulatory requirements and follows legal standards in all its operations. TOP
Executive-Level Jobs
- Chief Manager/ Senior Manager: Senior executives who take on leadership roles in specialized functions, guiding departments, and making high-level decisions.
- Assistant Vice President (AVP): Usually responsible for large areas of operations, business development, or overseeing senior teams.
- Vice President (VP): Senior-most roles overseeing various functional areas and helping with key business strategy development. TOP
Top Leadership Roles
- Chief Financial Officer (CFO): Manages the bank’s financial operations, reporting, and ensures financial compliance.
- Chief Executive Officer (CEO): The top leadership role, responsible for making strategic decisions and overseeing all operations of the bank.
- Chief Risk Officer (CRO): Responsible for managing all risks faced by the bank. TOP
Clerical & Entry-Level Positions
- Data Entry Operator: Responsible for entering data into the bank’s systems, maintaining records, and processing transactions.
- Peon: An entry-level role responsible for basic tasks such as delivering documents, assisting with administrative work, and helping with customer queries at the branch.
- Telephone Operator: Handles incoming calls, directs them to the appropriate departments, and manages communication within the bank.
- Mailing Assistant: Responsible for sorting, dispatching, and receiving mail related to the bank’s operations.
Sales & Customer Relationship
- Sales Officer: Works to promote and sell bank products such as loans, credit cards, savings accounts, and insurance policies.
- Customer Relationship Executive (CRE): Focuses on building relationships with existing customers, addressing their queries, and suggesting banking products suited to their needs.
- Personal Banking Officer: Helps customers with personal banking services like savings accounts, fixed deposits, and personal loans.
- Assistant Relationship Manager (ARM): Supports Relationship Managers by assisting in managing customer portfolios, promoting banking products, and resolving customer issues.
Loan & Credit-Related Roles
- Credit Officer: Evaluates loan applications, assesses creditworthiness, and decides whether to approve or reject loans.
- Loan Recovery Officer: Focuses on the collection of overdue loans, working with customers to recover outstanding dues.
- Mortgage Specialist: Specializes in managing home loan and mortgage-related services and offers advice to customers.
- Risk Analyst: Analyzes the risk factors related to credit products and ensures compliance with risk management practices.
Technical & IT Roles
- Network Administrator: Manages the bank’s internal network infrastructure, ensuring smooth operations of banking applications and services.
- System Administrator: Ensures the bank’s computer systems run smoothly, troubleshooting issues, and performing regular maintenance.
- Software Engineer: Works on developing and maintaining banking software applications, digital banking platforms, mobile banking solutions, and web services.
- Database Administrator (DBA): Manages and organizes the bank’s databases, ensuring they are secure, reliable, and optimized for performance.
- Cybersecurity Analyst: Protects the bank’s data and systems from cyber threats by implementing security protocols and monitoring for vulnerabilities.