Building Careers

in
Banking
and
Financial
Markets

Time
Topic
9:30 09:45
am
Introduction
09:46
-11:00am
Opportunities in Banking
11:0111:15am
Break
11:16 12:30pm
Opportunities in Stock Market
12:31 01:30pm
Lunch Break
01:31Opportunities in Mutual Fund
02:45pm
Industry
02:4603:00pm
Break
03:01 - 04:15

Session
-I
Opportunities
in Banking

Banking:
The origin of western type commercial
Banking in India dates back to the 18th
century.

The

story

of

banking

starts

fromBank of Hindustanestablished in 1770

and it was first bank at Calcutta under
European management. It was liquidated in
1830-32.

From Bank of Hindustan in 1770, the

evolution of banking in India can be
divided into three different periods as
follows: Phase I: Early phase of primitive
Indian banks to Nationalization of Banks in
1969 Phase II: From Nationalization of
India banks in 1969 up to advent of
liberalization and banking reforms in 1991
Phase III: From Indian Financial and
Banking Sector Reforms 1991 onwards.

In 1786 General Bank of India was set up.

Since Calcutta was the most active trading
port in India, mainly due to the trade of the
British Empire, it became a banking centre.
Three Presidency banks were set up under
charters from the British East India
Company- Bank of Calcutta, Bank of
Bombay and the Bank of Madras. These
worked as quasi central banks in India for
many years.

The Bank of Calcutta established in 1806

immediately became Bank of Bengal. In
1921 these 3 banks merged with each other
and Imperial Bank of India got birth. Imperial
Bank of India was later renamed in 1955 as
the State Bank of India. Thus, State bank of
India is the oldest Bank of India.

In 1839, there was a fruitless effort by Indian

merchants to establish a Bank called Union
Bank. It failed within a decade. Next came
Allahabad Bank which was established in
1865 and working even today. The oldest
Public Sector Bank in India having branches
all over India and serving the customers for
the
last
145
years
is
Allahabad
Bank.Allahabad bank is also known as one
of Indias Oldest Joint Stock Bank. However,
the Oldest Joint Stock bank of India was Bank
of Upper India established in 1863 and failed
in 1913.

The first Bank of India with Limited Liability

to be managed by Indian Board was Oudh
Commercial Bank. It was established in 1881
at Faizabad. This bank failed in 1958. The
first bank purely managed by Indians was
Punjab National Bank, established in Lahore
in 1895. The Punjab national Bank has not
only survived till date but also is one of the
largest banks in India.

However,the first Indian commercial

bank which was wholly owned and
managed by Indians was Central Bank of
Indiawhich was established in 1911. So,
Central Bank of India is called Indias First
Truly Swadeshi bank.

Reserve Bank of
India

Established via RBI Act-1934

Started Operations in April 1, 1935
Started as a Privately owned bank
with
no
major
government
ownership
Reserve Bank (Transfer to Public
Ownership)
Act,
1948
and
Nationalized RBI in 1949.
Original HQs at Kolkata and
Shifted to Mumbai in 1937
It is our central bank of India

Banking

Companies

changed

to

Act,1949

banking

was

regulation

(Amendment) Act,1949.
Banking

Regulation

(Amendment)

act

1965 gave extensive powers to RBI as

Central Banking Authority of India.

History of Nationalization of
Banks
First Step: Imperial Bank of India SBI
Act,1955
7 Subsidiary banks of SBI Nationalized,
1959
14 Banks Nationalized, 1969
Second Phase of Nationalization, 1980
(6 more banks nationalized)

Raised Public confidence as 80% of banks came

under government ownership.
Banking Sector Reforms: (LPG)
India in 1991, Embraced;

Liberalization

Privatization and

Globalization
First Narasimhan committee gave blue print of
banking sector reforms
Other
committees
were:
Chakravarthy
committee (1985), and Vagul committee (1987)

Notable Reforms:
Market Based exchange reforms
Capital account convertibility
Lending rates of commercial banks deregulated
FIIs could invest in government securities.
Foreign exchange management act (FEMA)
enacted in 1999
National stock exchange began operations in
1994
Capital index bonds introduced

State Bank and its

associate
State Bank of India
State Bank of Bikaner &
Jaipur
State Bank of Hyderaba
d
State Bank of Patiala
State Bank of Mysore
State Bank of Travancor
e

Nationalised
banks
Allahabad Bank
Andhra Bank
Bank of Baroda
Bank of India
Bank of Maharash
tra
Canara Bank
Central Bank of In
dia
Corporation Bank
Dena Bank

Indian Bank
Indian Overseas Bank
Oriental Bank of Com
merce
Punjab & Sind Bank
Punjab National Bank
Syndicate Bank
UCO Bank
Union Bank of India
United Bank of India
Vijaya Bank

Other public sector

banks
Bharatiya Mahila Bank
IDBI Bank
Post Bank of India
(proposed)

Old private sector banks

Catholic Syrian Bank
City Union Bank
Dhanlaxmi Bank
Pkc Bank
Federal Bank
ING Vysya Bank(merged withKotak Mahindra Bank
in April 2015)
Jammu and Kashmir Bank
Karnataka Bank
Karur Vysya Bank
Lakshmi Vilas Bank
Nainital Bank
Ratnakar Bank
South Indian Bank
Tamilnad Mercantile Bank

New private sector

banks
Axis Bank
Development Credit
Bank
HDFC Bank
ICICI Bank
IndusInd Bank
Kotak Mahindra Bank
Yes Bank

Regional Rural Banks (RRBs)

Tamil Nadu
Pandyan Grama Ba
nk
Pallavan Grama Ba
nk

Foreign banks having branches in India

List of banks which are incorporated outside India and are
operating branches in India (as of 31 January 2015):
Australian banks
Australia and New Zealand Banking Group
Commonwealth Bank of Australia
National Australia Bank
Westpac Banking Corporation
Bahraini bank
Bank of Bahrain and Kuwait
Bangladeshi banks
AB Bank
Sonali Bank
Belgian bank
Antwerp Diamond Bank
Canadian bank
Bank of Nova Scotia
Chinese bank
Industrial & Commercial Bank of China

French banks
BNP Paribas
Credit Agricole
Societe Generale
German banks
Deutsche Bank
Hong Kong bank
HSBC
Indonesian bank
Bank Internasional
Indonesia
Japanese banks
Mizuho Corporate Bank
Sumitomo Mitsui Banking
Bank of Tokyo-Mitsubishi
Mauritian bank
State Bank of Mauritius

Dutch bank
Rabobank
Qatari bank
Doha bank
Russian banks
Sberbank
VTB
Omani bank
HSBC Bank Oman
Scottish bank
Royal Bank of Scotl
and

Singaporean banks
DBS Bank
United Overseas Bank
South African bank
FirstRand Bank
South Korean banks
Shinhan Bank
Woori Bank
Sri Lankan bank
Bank of Ceylon

Swiss banks
Credit Suisse
UBS AG
Taiwanese bank
Chinatrust Commercial Bank
Thai bank
Krung Thai Bank
UK banks
UAE banks
HSBC
Abu Dhabi Commercial Bank Barclays Bank
Mashreq Bank
Standard Chartered B
ank
US banks
American Express
Bank of America
Citibank
J.P. Morgan Chase Ban
k

Foreign banks with representative offices in

India
List of foreign banks with representative offices in
India (as of 31 January 2015):
Austrian bank
Raiffeisen Zentralbank
Belgian bank
KBC Bank
Canadian banks
Royal Bank of Canada
Toronto Dominion Bank
French Banks
Credit Industriel et Commercial
Natixis
German banks
Commerzbank
DZ Bank
KfW
Landesbank Baden-Wrttemberg

Italian banks
Banca Monte dei Paschi di Siena
Banca Popolare di Milano
Banca Popolare di Vicenza
Intesa Sanpaolo
UBI Banca
Malaysian bank
CIMB
Nepalese bank
Everest Bank
Norwegian bank
DNB ASA
Portuguese bank
Caixa Geral de Depositos
Russian banks
Gazprombank
Promsvyazbank
Vnesheconombank

South Korean banks

Industrial Bank of Korea
Kookmin Bank
Korea Exchange Bank
Spanish Banks
Banco de Sabadell
Banco Bilbao Vizcaya Argentaria
Caixabank
Sri Lankan bank
Hatton National Bank
Swedish banks
Skandinaviska Enskilda Banken
Zurcher Kantonalbank
Taiwanese banks
Bank of Taiwan
Mega International Commercial B
ank

Turkish bank
Bank Asya
UAE banks
Emirates NBD
First Gulf Bank
UK bank
Duncan Lawrie
US banks
Bank of New York Mellon
Wells Fargo Bank

Recruitment Process:
1. Public Sector Banks and RRB:
Clerk, PO and SO)
2. SBI and its Associate Banks:
3. Private Banks:
Academy.

www.ibps.in (

www.sbi.co.in

www.ifbi.com

and Manipal

4. Private-Foreign Banks: through walk-in-interview

methods
5. ICICI Bank PO and Sales Officer:

www.icicicareers.com

INDIAN INSTITUTE OF BANKING & FINANCE

Web-site : www.iibf.org.in
Diploma in Banking and
Finance (DBF)
Exam Mode: Online and MCQ types
Centre: Erode and Salem
Fees: Rs.3,700/= Aprx
No.of Papers: Three
E.Qualification: +2 Pass

Higher
Studies:

1. ICWA : www.icmai.in
2. CA : www.icai.org
3. CFA-USA :
www.cfainstitute.org
4. CS : www.icsi.edu
5. CPA-USA: www.aicpa.org
6. MBA TANCET, CAT
7. M.Com

?
Please

Session - II
Opportunities in Stock Market

Financial Market
Money
Market
Debt Market
FOREX
Market
Capital

Financial Market
RBI
SEBI
IRDA
PFRD
A

Jobs in Capital Market

Equity Dealer
Back Office
Executive
Financial Analyst

Securities and
Exchange Board

Bombay Stock Exchange

National Stock Exchange

Newyork Stock Exchang

ONDON STOCK EXCHANG

Tokyo Stock Exchange

Frankfurt Stock
Exchange -

ong Kong Stock Exchang

NASDAQ

Session:III

Opportunities in Mutual Fund Industry

Relationship Manager in
Banks and Business
Development Officer in
Mutual Fund Companies.

Session:IV
Opportunities in Insurance

Life Insurance
General Insurance
Health Insurance

Sales Manager, Branch

Operations, Underwriting and
Training

Other Opportunities:
TNPSC
UPSC
RBI
LIC
General Insurance Exam