07 April 2014
Bank PO have to perform any task in bank.
Bank PO Responsibilities are: Cash Management, Supervision of Clerical work, Do has to take decisions, Loan Processing and Recovery Loans.
Every bank branch will have certain cash limit. PO should ensure that the avg cash balance limit is maintained or not. You have predict the cash you require on particular day and you should act accordingly. This is called Cash management. You will know the complete details when you join in bank. You may not understand at this point of time.
PO have to verify all the work done by clerk. Maker and Checker are involved in every transaction performed in bank. In case of cash transactions, clerk is a maker and PO is the checker. PO has to check whether Clerk entered everything correctly or not and authorise the transactions. If PO is a maker, Manager is a Checker. In case of loans, usually PO is a maker and Branch Manager is a Checker. Checker is responsible for any loss.
Bank PO have to look after the Loan documentation and visit the party site whenever required. All the Loans word have to be performed by Officer Advances.
PO has to issue check books, ATM cards, DDs, BCs. PO has to Handle customer complaints. You have to be cool and calm while listening to them. Some people will shout. You have to deal them patiently and convince them.
Bank PO have to read all the circulars. If you don’t, you will definitely make a mistake and have face the consequences. Bank PO joins the bank as Asst Manager after completion of probation period. There are various responsibilities for Bank PO. It will be assigned to you as per the branch requirement by the Branch Manager.
Career growth in banks is very high compare to any other Govt Job. Promotional prospects are quite higher for those who perform better. There are many more things but these things are basic things that you must know before joining in bank.
11 April 2014
Ten Common Interview Questions often asked in Bank Interviews for any post (Bank PO and Bank Clerk). ******************************************* Tell me about yourself. Why should I hire you? Why you want to make a Career in Banking Sector? Why do you want to work at our company? You have good degrees, you simply deserve a better job. Why you want to work with us? What makes you angry? Tell me something about our company. What are your aim? What was the toughest decision you ever had to make? Can you work under pressure? Question No 4 and 5 are nearly same but Candidate must prepare answer for both the questions differently, specially the vocal tone and starting.
Commonly asked questions from Banking Sector:
Tell me about our Central Bank? What is CRR and What is the Present Rate of it? What is SLR and What is the Present Rate of it? What is the difference between Repo and Reverse Repo? Do you think Increasing or decreasing Repo and Reverse Repo will control Inflation in our country? Who is the CMD of our Bank?
11 April 2014
Sir, I am a learner. And you are my teacher. I have to learn from you always. Sir pls can you tell me its answer in good manner, so as to i clear my interview. I shall be very thankful to you if you pls solve the same. Rahul
CAclubindia
