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Sagar Group of Industries. Sagar Group serving the public for the last 3 decades in the following sectors: Cement Power Infrastructure Hospitality Agriculture since 2009 Education. The flagship company of the group – Sagar Cements –
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Sagar Group of Industries • Sagar Group serving the public for the last 3decades • in the following sectors: • Cement • Power • Infrastructure • Hospitality • Agriculture • since 2009 • Education The flagship company of the group – Sagar Cements – is one of the most valued cement companies in South India.
Sagar Group of Educational Institutions Eamcet / Icet : SAGR • Sagar Institute of Technology (SITECH) - Civil Engineering - 60 - Computer Science Engineering - 120 - Electronics & Communication Engg - 120 - Electrical & Electronics Engineering - 60 - Mechanical Engineering – 120 - Master of Business Administration – 60 • Food & Agri Business School (FABS) PGDM (Agri Business) – 60 • Sagar Global Business School (SGBS) PGDM – 60 • Sagar Agriculture Polytechnic (SAP) Diploma in Agriculture - 60 Diploma in Seed Technology - 60
SAGAR JobPro Academy • Sagar JobPro Academy is promoted by the Sagar Group of Educational Institutions. • Sagar JobPro Academy is established to exclusively train the future bankers. The Endeavour is led by professional ex- bankers and experienced trainers. Dedicated to Train the Future BANKERS
SAGAR JobPro Academy Careers in Banking • The Banking Sector in India : • Banking sector - most preferred destinations for employment. • This sector has emerged as a sunrise sector in the Indian economy. • The Banking Industry is recruiting in a big way. • In the next five years, Banks will have to recruit almost 7.5 lakh people • Diversified their activities and getting • into new products and services: • Credit cards • Consumer finance • Wealth management • Life and general insurance • Investment banking • Mutual funds • Pension fund regulation • Stock broking services • Custodian services and • Private equity etc.
SAGAR JobPro Academy • Major Recruiters in Banking Industry • Public Sector Banks form the major recruiter • group for candidates aspiring for bank jobs. • They are : • State Bank of India Group (Total: 6 Banks) • Nationalized Banks (Total: 19 Banks) • Other Public Sector Bank i.e. IDBI Bank Limited. • Regional Rural Banks • Private Sector Banks: These banks conduct their own exams. • Co-operative Banks: All major National and State • Co-operative Banks and Scheduled Urban Co-operative Banks
SAGAR JobPro Academy • Coaching centre is established to EXCLUSIVELY • train YOU to succeed in • Probationary Officers as well as Clerks in • SBI Group • Nationalized Banks [conducted by IBPS - Institute of • Banking Personnel Selection] Banks plan to hire 7.5 lakhs (POs, Clerks and specialist officers) in the next five years.
SAGAR JobPro Academy • Why this sudden spurt in the vacancies in the PSU Banks ? • State Bank of India and many other Banks have cut thousands of • positions in the last decade to improve efficiency by giving special VRS. • And also many Banks did not fill up the vacancies due to retirements • and early voluntary retirement plans. • In PSBs, expansion of branches and replacement of retired staff • are driving significant increases in hiring. Banks plan to hire 7.5 lakhs (POs, Clerks and specialist officers) in the next five years.
SAGAR JobPro Academy • Hiring by public sector banks is expected to cross the five lakh mark in the next couple of years as they prepare for a huge wave of retirement of employees recruited during a major expansion drive in late 70s and early 80s. These hirings come amid a slash in high-paying jobs at senior levels in Banks and also lay-offs in foreign Banks • It’s a good market opportunity for public sector banks to hire people as talent availability will now be much more due to slower pace of employment generation by private and foreign banks and IT /BPO segments. Banks plan to hire 7.5 lakhs (POs, Clerks and specialist officers) in the next five years.
SAGAR JobPro Academy ABOUT THE IBPS CWE • The common written examination(CWE) by IBPS for Pos, Specialist Officers and Clerks of 19 PSBs is held separately. • The exam is proposed to be held twice in a year for POs and Clerks, Once for Specialist Officers. • The score card is issued by IBPS to all the qualified candidates. The cut off score for General category is 120/250 and SC/ST, it is 105/250 • The score card is valid for one year from the date of issue to apply for the vacancies to be announced by the participating Banks during the year
SAGAR JobPro Academy ABOUT THE IBPS CWE • There will be 5 sections in the exam each carrying 50 marks weightage. Objective paper is for 150 minutes and descriptive paper is for 1 hour duration. • TEST OF REASONING • QUANTITATIVE APTITUDE • ENGLISH LANGUAGE • GENERAL AWARENESS • COMPUTER AWARENESS • In case of ENGLISH – Objective paper is for 25 marks and Descriptive paper isfor 25 marks
SAGAR JobPro Academy • For every wrong answer, a penalty of 0.25 marks is given in case of Objective tests.
SAGAR JobPro Academy • Recently Canara Bank called for 2000 POs and the • Cut off marks for interview are given below: • Cut-off marks as follows:- • General Category – 161 • OBC Category - 156 • SC Category – 148 • ST Category – 136 • PWD [OC] Category 135 • There will be group discussion and interview for the shortlisted candidates as selection process. • The final merit list will be made with help of 100 marks weightage. 100 marks divided as 50% of IBPS exam, 20% of GD and 30% of Personal interview.
SAGAR JobPro Academy • What is Bank Probationary Officer Salary (newly recruited) ? • The last revision of salary of Bank PO has taken place wef 1st November, 2007. All newly recruited POs are placed in the following scale at the 1st stage of the same. • The next revision of pay scales for Bank PO is due wef November, 2012 • Scale I - Rs. 14500 - (600x7) 18700 - (700x2) - 20100 (800x7) - 25700 • Thus, the initial Basic Pay of a Bank PO will be Rs.14,500/- and eligible for DA of 63% of basic at present
SAGAR JobPro Academy Other perks and allowances: • HRA : This depends on the place of posting and it can be either 6.5% or 7.5% or 8.5% depending on the place of posting. • CCA : This also depends on the place of posting and can be either 4% (maximum Rs.540/-) or 3%(Maximum Rs.375/-) or 0 • The above indicates that the total salary of a probationary officer on joining at a metro station will be around Rs.25,400/. The total salary of a probationary officer who has to join in rural area will be about Rs 24500/.
SAGAR JobPro Academy Career path • JMG Scale I ( On recruitment as PO) eligible for • MMG II after 5 years of service as JM I • MMG III after 3 years of service in MMG II • SMG IV after 3 years in MMG III • SMG V after 3 years in SMG IV • TEG VI after 3 years in SMG V • TEG VII after 3 years in TEG VI • After 2 years in TEG VII eligible for ED • After 6 months as ED eligible for CMD