Very low activity out there. I guess interviews are more or less over.
Hello friends i am new to this group. is there any disadvantage of giving interview in hindi ? do i have any chance if i don't have the work experience ?
Interview experience :
Venue: chennai
Sardarji: 1.About the technical paper which I presented in college
2. Work experience in defence electronics sector. How it is different from commercial electronics industry. What design care you need to take?
M1: 1. Energy security?
2. Who are all affected and benefitted by decreasing oil prices?? He meant the countries not the sector.
M2. Rbi as bankers bank what does it mean?? Then questions on crr and slr?? How much and in what form it is maintained?? What is the difference??
M3. What is the economic meeting that is going to happen in the near future?? Where it is going to Happen? How is it special to India?? When I said make in India he asked questions from tat and which sector is being focused on make in India??
M4. NBFC abd How it is different from bank??
That's all
Interview over!!
Pros and Cons of Gr B post in RBI :
Pros:
1. A feeling of working with an autonomous institution set up by an act passed by parliament. An institution answerable only to the Parliament.
2. Stability of career. Unaffected by Global economic slowdowns. RBI as a company is a highly profit making company able to absorbs shocks. In fact, in last 5 years RBI has transferred on an average nearly 30000 Crores rupee profit per annum to government.
3. Comparatively Liberal HR policies viz-a-viz other government institutions. Option of Study leave (twice), PhD scheme, ability to go to deputation (even on self basis), Option of studying best of the education courses on Bank's expenses , Not that rigid bureaucracy. Liberal leave options (comparatively)
4. Offices only in Capitals and big cities. Not more than 4-6 transfers in service tenure of 30+ years . Flat structure. A person joins as Gr B DR in Manager cadre itself.
5. Comparatively liberal CTC compared to other government services. Not affiliated / affected by pay commissions or IBA. Able to bridge the gap/disparity through perks and allowances.
6. Intangibles in RBI are the best in the country in similar industries. Furnishing allowance, Consumer advance, Medical facilities, Visiting officers flats and Transit holiday homes, Reimbursement of educational fee for best of the courses in the world, 7 digit personal loans through cr soc without guarantors . Housing loan, Vehicle loan, Education loan etc at heavily reduced interest rates.
7. As of now a Gr B DR gets around 55000/- in salary pm, and around 30000/- in perks per month. (not necessarily paid on monthly basis). In addition to that availability of residence/lease flats. CTC as of now is around 15 lakhs+ in Mumbai. Further, pay structure is under restructuring and new salaries are expected to be in effect by year end which will definitely be 20 odd % higher than current.
8. Opportunities to grow as a professional. Being able to develop oneself as a specialist and having the option to move beyond RBI. (yes, there are worlds beyond it and as a matter of fact, a good number of officers leave RBI in the prime of career as part of their career progression)
Cons:
1. Linear progression. Though promotions are based on a combination of merit, seniority, knowledge and skills. It still is linear compare to Corporate sector.
2. Salary also grows in a linear method except for restructuring of salary every five years. Although there is DA adjustment every three months, quantum leap in salary like in corporate sector is not an option.
3. If a person does not work on oneself, it is very much possible to be moved to a corner doing routine tasks and administrative works.
4. Offices only in major cities and capitals. May not be able to live in hometown.
5. Though refined, it still is government culture with less tolerance for radical moves and ideas. Everything needs to move through progression.
6. Flat structure means that a person will get maximum four promotions in the tenure (Manager-AGM-DGM-GM-CGM) in 30/35 or so years of service. If a person becomes CGM before 53 years of age, he may be designated as PCGM (which is not a promotion). Only a few rare people say approx 4% may be considered for ED post, and less than 0.5% for DG post.
7. Biggest danger is complacency. A person may feel redundant before one can realize. Also, high achievers may feel left out if they remain with the organization as there is only a little elbow room for them.
8. May not be able to earn 8 or higher digit salaries.
compared to rbi grade b how is working as assistnt in ib through ssc cgl. please tell me which is low pressure and in which one one can enjoy leisure life
Guys.. When is rbi interview getting over and when are the results expected??
anyone from sbi who attended interview
plz share your experience
Anyone interested in Skype Mock Interviews?
Some one please convey to the interview board that we people are not Amrtya Sens or Dr. Raghuram Rajans!! Just had my life's most devastating interview experience. Good luck guys n gals!!
Which regions are stil left for interview process?
Guys, which book are you following for Banking?? I happened to see JAIIB books in the Library, but they seem too bulky. I have a "Handbook on Banking" by N.S. Toor which has some 400 odd topics covered in just 1 page each. Will it suffice for Banking part?
I have a question: When govt. borrows from public, in simplified terms , it takes money from them and issues bonds.However, it puts the SAME money back into the system again.This means the money supply before and after the borrowing remains the same.Then how does govt borrowing increase the money supply ????
RBI mains papers of 2010, 2011 , 2012 and 2014 : http://rbi.org.in/scripts/bs_viewcontent.aspx?Id=2817
Phase 2 cleared candidates please tell your materials and strategy for phase 1 and phase 2
Hi, I am thinking of buying this book "
How to Prepare for Quantitative Aptitude for the CAT" by Arun Sharma [6th Ed] (http://www.flipkart.com/prepare-quantitative-aptitude-cat-english-6th/p/itmefekstgn7cgmg?pid=9789339...) for preparing for Phase I quant section. Has anyone used this book? Is it good enough or should I stick to R.S. Agarwal and practice problems?
Hello puys, Need suggestion..which book is best for economy section of 2nd phase Descriptive..I have heard of Dutt sundarm and Misra puri. Let me know the best one among all..also give me correct link to buy them online...thanks in advance :-):-):-)
Guys, are there any website/Magazine that captures economic/Banking news of past 6 months??
@mnrnjnbhr Bhai ....you commented on a post about some book on banking terms from BSC. I am unable to locate that post...Could you please tell ....the name of the book.. ???
Hypothesis: Every candidate knows the result even before entering the room. Agree or Disagree?
- Yes
- May be
- No
0 voters