In the Indian economic system, banks have played a fundamental role in planning and implementing financial policies. For the proper function of the economy, the banking sector is considered to be one of the most essential sectors. It can be termed as “lifeblood” of economic activity as it facilitates collecting deposits and providing credits to states and people, households and businesses. It is one of the fastest growing sectors in India. Hence, there will be many job opportunities for job seekers in this sector. It implies that the banking sector is likely to create around 20 million new jobs in the next 10 years.
In addition to this, many public sector banks would be requiring fresh talent as nearly half of their workforce is scheduled to retire in the next few years. In the next five years, the banking sector will be among the top five job creators sectors.
In India, there are 22 state-owned banks, including SBI, IDBI Bank and Bharatiya Mahila Bank. There are also five associate banks of SBI. In the last few years, banking competitive exams have caught the attention of Indian youth, as millions of aspirants are striving hard for their seat in esteemed public sector bank.
As there is a cutthroat competition, the aspirants are advised to join a reliable coaching institute for their preparations. Every year, there are bodies like IBPS, SBI, and RBI who are conducting online written examination through prelims and mains examination for the selection of candidates for various banking profiles. These most sought posts are filled with candidates scoring the cutoff marks and performing well in the personal interview round. To secure a seat for this high profile bank jobs, the aspirants have to crack bank exams. Therefore, they need comprehensively planned preparations for the exams which are provided by various dependable coaching institutes.
Now, the question arises- How to pick the right bank coaching institute for the preparations?
The ideal coaching institutes should have the following qualities and they are:-
1. They should have excellent track records
The aspirants will feel confident in joining institutes with good track records. He will have few role models in front of him. Their success stories will be morale boosting and encouraging to him and get better Bank Exam Study Material.
2. The infrastructure of the institute should be good
The good education demands congenial ambiance and this can only be done through good infrastructure. If the institute has good infrastructure then it can accommodate a good number of students with plentiful of good amenities. The students will feel comfortable in acquiring education in this amiable environment. The students are advised to check the size of the batch. If there are too many students in one class then it will not be possible for any student to get proper attention. Secondly, do prefer an institute which is nearer to your home. The long traveling hours can kill your precious time and can be tiring for you.
3. The institute should provide good quality of study material
For successful preparations, competent study material is like providing “soul to the body”. The study material should encompass the entire syllabus with exhaustive lessons and mock tests, prepared by knowledgeable educationists. It should educate you in such a way that you should familiarize yourself completely with the exam pattern. There are topics like Current affairs, Quantitative Aptitude, Logical Reasoning, English and General Awareness, which demands good preparation. It is important that the institute should keep you updated on these topics regularly.