Assam Career:The vacant positions at Central Bank of India, Assam. Here are the details:
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Assam Career Central Bank Recruitment 2023:Position: Manager
Bank Name: Central Bank of India
Position: Manager (Mainstream) in Middle Management Grade Scale II
Number of Posts: 1000
- A Degree (Graduation) in any discipline from a University recognized by the Government of India.
- Minimum 3 years’ experience as an officer in PSB/Private Sector Banks/RRB. OR
- Minimum 6 years’ experience as a Clerk in PSB/Private Sector Bank/RRB and with MBA/MCA/Post Graduate Diploma in Risk Management/Treasury Management/Forex/Trade Finance/CA/ICWA/CMA/CFA/PGDM/Diploma from the Indian Institute of Banking & Finance. Candidates from NBFCs/Cooperative Banks/Insurance sector/Govt. Financial Institutions, either regular or part-time, are not eligible.
Age Limit: The maximum age as of 31.05.2023 should not exceed 32 years.
Scale of Pay: 48170-1740(1)-49910-1990(10)-69810
Selection Procedure: The selection process will involve an online written test and a personal interview.
How to Apply: Candidates can apply online for the above posts through the website https://www.centralbankofindia.co.in/ until July 15, 2023.
- Scheduled Caste/Scheduled Tribe/PWBD candidates/Women candidates: Rs. 175/- + GST
- All Other Candidates: Rs. 850/- + GST
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What do you mean by central bank?
A central bank is a public institution that is responsible for implementing monetary policy, managing the currency of a country, or group of countries, and controlling the money supply.
Is SBI and central bank same?
The Government of India took control of the Imperial Bank of India in 1955, with Reserve Bank of India (India’s central bank) taking a 60% stake, renaming it State Bank of India.
Is central bank RBI or not?
The Reserve Bank of India is the central bank of the country. Central banks are a relatively recent innovation and most central banks, as we know them today, were established around the early twentieth century. The Reserve Bank of India was set up on the basis of the recommendations of the Hilton Young Commission.
Where is India central bank?
Central Bank of India (CBI) is an Indian public sector bank based in Mumbai.
What is central bank and its types?
A central bank is an independent, non-political financial agency that supervises monetary policy. It is responsible for maintaining cash and foreign currency reserves, thus stimulating the nation’s economic growth and controlling inflation. Each country has its central bank to manage its financial and banking issues.
Who controls the central bank?
The Board of Governors, an agency of the federal government that reports to and is directly accountable to Congress, provides general guidance for the System and oversees the 12 Reserve Banks.
Is central bank a government?
Contemporary central banks are government-owned, but separate from their country’s ministry or department of finance.
Which is the No 1 bank in India?
State Bank of India
State Bank of India (5.23 lakh crore)
With a 23% market share by assets, the SBI is the largest public sector bank in the nation.
Is central bank a government bank?
Central Bank of India is a Public Sector Bank constituted by the Banking Companies (Acquisition & Transfer of undertakings) Act, 1970. 100% of its shares are held by Govt. of India. The powers and duties of its offices and employees.
Is central bank a banker?
The Central Bank acts as a banker to both Central and State Governments. It carries out banking business of the government and the government keeps its cash balances on current account with the Central Bank.