What are the top banking exams in India 2022

Annually, many aspirants take multiple banking exams such as RBI Grade B, SBI PO, SBI Clerk, SBI SO, IBPS PO, IBPS Clerk, IBPS RRB, J&K Bank, and others in order to be hired by one of the country's well-known banks. The Banking Sector Tests are national-level exams used to recruit employees for various positions in the banking sector. What could be better than a high pay, several parks and other benefits, job security, stability, and a well-balanced work-life balance all in one position? Despite these advantages, cracking a banking exam and obtaining a bank job is challenging due to fierce competition. Such a degree of competitiveness plainly implies that hopefuls must have excellent bank test preparation in order to pass the exam.

What are Banking Exams?

The Banking Sector Tests are national-level exams used to recruit employees for various positions in the banking sector. Banking exams are often considered one of the most difficult exams. Every year, numerous bank exams are held across the country by various banks and testing companies. Banking is becoming an increasingly popular career path for both young graduates and established professionals in India. Banks offer competitive salaries, employment stability, and other benefits to its employees. As a result of these factors, competition for bank jobs is expanding at an exponential rate. The competition suggests that hopefuls should have excellent bank test preparation in order to pass the exam and be hired as a bank employee.

SBI Banking Exams

The State Bank of India conducts multiple banking exams to hire qualified people for various positions such as:

• Probationary Officer at SBI (PO)
• Clerk at SBI (Junior Associates)
• Specialist Cadre Officer at SBI(SCO/ SO) 

SBI PO Banking Exam

SBI PO test primarily selects candidates for the bank's management cadre. During the training phase, the selected candidates are assigned to the job of Probationary Officers. After completing their training, they advance to management positions. The SBI PO examination is divided into four stages:

• SBI PO Preliminary Test
• SBI PO Main Exam
• SBI PO Group Discussion and SBI PO Interview:

SBI Clerk Banking Exam

The SBI Clerk Exam primarily hires new employees for the position of Junior Associates in the bank's clerical cadre. This SBI exam is divided into two stages:

• SBI Clerk Preliminary Exam
• SBI Clerk Mains Test
• Selection based on merit list

IBPS Banking Exams

The Institute is governed by a board of nominees from different government bodies and banks such as the RBI, Ministry of Finance, IIT Mumbai, NIBM, and IBA. It was constituted in 1984 from the original examining body under the National Institute of Bank Management. The centralised examinations covering all public sector banks’ recruitment started on a limited scale the same year. The process was made entirely online in the late 2000s. The IBPS conducts the following banking exams:

• IBPS PO Exam
• IBPS SO Exam
• IBPS Clerk Exam
• RRB Examination by IBPS

IBPS PO Banking Exam

The Institute of Banking Personnel Selection conducts the IBPS PO Exam every year. The Institute of Banking Personnel Selection (IBPS) provides public sector banks with uniform recruitment and training services (PSB).The IBPS PO 2022 notification is due in August/September 2022. According to the IBPS Calendar 2022-23, the prelims exam for IBPS PO 2022-23 will be held on the 15th, 16th, and 22nd of October 2022, and the mains exam will be held on the 26th of November 2022.

IBPS SO Banking Exam

The Institute of Banking Personnel Selection (IBPS) conducts the IBPS SO Exam every year to hire Specialist Officers for various roles in India's public sector banks. This article contains vital information about the IBPS Specialist Officer Exam. The IBPS SO Notification provides information on several areas of the SO Exam. IBPS banking exams application process is totally online. Candidates can apply for IBPS SO online through the official website.

IBPS Clerk Exam

The Institute for Banking Personnel Selection conducts the IBPS Clerk test every year. The IBPS is the authoritative authority in India for evaluating candidates for positions in public sector banks. Candidates must thoroughly analyze previous year question papers and prepare themselves accordingly for a better knowledge of the IBPS Clerk exam pattern. The basic pay of a Clerk in IBPS is Rs.11765. 

RRB Banking Exam by IBPS

The IBPS RRB Exam is held by the Institute of Banking Personnel Selection to hire Officers who would lead the several Regional Rural Banks (RRB) in India and Office Assistants who will assist with multipurpose activities. The goal of the IBPS RRB exam is to recruit Officers and Office Assistants for the country's Gramin Banks. The IBPS recruiting for the 2021 examination includes 43 Regional Rural Banks. The official IBPS RRB PO and Clerk notice has a thorough distribution of Gramin Bank-wise and post-wise vacancies.The in-hand salary for an Officer differs in IBPS RRB based on his scale. The salary varies from Rs30,000 to Rs. 47,000. The salary for an Officer Assistant is approximately Rs.15,000. 

Other Banking Exams

• NABARD
• RBI
• New India Assurance Company Limited
• LIC

Benefits of taking Banking Exams

The banking system in India and around the world has evolved beyond traditional operations to serve a more important social and economic function. The banking business is shaping out to be a promising terrain for fresh graduates and young professionals, thanks to modern managerial practices and innovative technologies.

• Salary and Other Benefits: While emotional fulfillment from a job choice is important for any professional, monetary rewards are equally important for motivation. Pay standards in the banking industry are not only comparable, but frequently higher than in many other industries. You can expect a good salary based on your talents and expertise. Depending on the size and type of the business, you may be eligible for additional benefits such as health insurance, travel and house allowances, and other subsidized lifestyle options.
• Long-term career security: In today's uncertain global market, professionals must select a job that is both secure and long-term. With the banking sector constantly expanding, it provides employment security as well as continuous career progression.
• Transferable skills and abilities: Banking and financial experts are in high demand across all industries. As a result, if you have a background in banking, finance, or insurance, you are not required to work in a bank or financial organisation. A professional degree allows you to work in any other organisation as a financial analyst, advisor, business analyst, and so on.
• New chances for the young and ambitious: Even a decade ago, the financial sector was not what it is now. Digital technology has rocketed products, people, and processes in India and around the world, changing the way we perceive and practise banking. This new-fangled ecosystem of tech-driven banking is ideal for the young and modern workforce, who will be able to find innovative careers in this industry and make a difference.