B FIT (Banking Finance & Insurance Training Institute) a bank exam coaching centre in Chennai , was
started in the year 2009 by banking and Insurance professionals with a view to provide expert coaching
to the candidates who face Bank and Insurance entrance exams. Among the best bank exam coaching
centers in Chennai , BFIT ranks the top most spot.
Excellent classroom coaching by professional bankers, insurance and English Language experts.
Top notch Coaching material researched and prepared by experts covering latest developments
Online portal with a wealth of updated information offering weekly tests and mock exam for
students with graphical analysis of their performance in the tests.
The feedback on every question in the portal contains not only the correct answers but
explanations along with pictures which will help the student to remember and recall the
answers quickly in the exam hall.
Twenty Twenty test series specially designed to cover the latest general awareness with specific
reference to banking industry and economy in general.
Personalized evaluation of tests, mock interview by banking experts.
Expert guidance in certain subjects like Test of Reasoning to score higher marks especially within
the time constraint of the exams.
Several short cuts along with training in Speed mathematics provided to save time while
answering the quant paper.
Three mock tests before the end of the program.
Tricks of time management to score higher marks in the exam.
Latest developments in the field of economics, banking, insurance and finance to cover the Test
of General Awareness.
Banking and technical topics explained in simple style so that even software techies who do not
have any background in these subjects can face the questions with confidence.
BFIT as a top class bank exam coaching centre in Chennai helps student to enhance their level of
knowledge in banking sector and assists them to analyze their performance in weaker areas.
Additionally we also provide coaching in descriptive part in English language for specialized coaching to
succeed in SBI PO and clerk exams. These contribute in making it a fact that BFIT Institute is among the
best bank exam coaching centers in Chennai . Reach BFIT Institute – Banking Finance & Insurance
Training and return back with bank job in a professional and personal manner.
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B FIT ( Banking Finance & Insurance Training Institute) is started by banking and Insurance professionals with a view just fill the gap to provide expert coaching to the candidates who face Bank and Insurance entrance exams
The banking sector may create up to 20 lakh new jobs in the next 5-10 years, helped by issuance of new licences and efforts being made by the RBI and the Government to expand financial services into rural areas, according to experts.
Hiring trend may get a further boost from the public sector banks, as many of them would need to hire fresh talent in the wake of nearly half of their workforce scheduled to retire in the next few years.
According to HR services major Randstad India, banking sector will generate 7-10 lakh jobs in the coming decade and the sector would be the among top job creators in 2014.
Estimates are, however, much higher for Manipal Academy of Banking, which expects expansion in banking sector, including by the existing and new banks, to help create 18-20 lakh new employees over the next five years.
Besides direct hiring, expansion in banking sector also helps in huge job creation in various support areas, experts say.
According to Randstad, public sector banks could account for bulk of hiring and could see 5-7 lakh new jobs being created in the coming years, as close to 50 per cent of their workforce in the lower and middle-level functions will retire in this period.
“With the new banking licences, which are likely to be issued in the first half of 2014, the banking sector is poised to create big career opportunities in the near future,” Randstad India & Sri Lanka CEO Moorthy K Uppaluri said.
Enthused further by the Government’s financial inclusion plans to expand banking into rural areas, Uppaluri said, “With only less than 30 per cent of the Indian population having access to bank accounts, top banking firms are looking to expand and venture into the untapped rural markets that have so much potential to boost growth and profitability.”
Reflecting similar views, talent assessment company MeritTrac Services’ CEO Vasu K Saksena said that “hiring in banks is likely to increase in the next couple of years” owing to expansion of banks into new cities and rural locations.
“Along with new banking licenses, the reason can also be attributed to the large numbers of retirements that banks will witness during this year and the next,” Saksena added.
According to Manipal Academy for Banking, about 4 lakh people applied for jobs in public and private sector banks last year.
Of these, while public sector banks hired 60,000-70,000 candidates, private sector hired another 40,000 job aspirants.
Looking at the recent trends, experts are of the opinion that hiring in the sector is expected to happen across regions with lower tier cities to be one of the biggest beneficiaries.
“With new banks being set up in Tier 2, 3 and 4 cities, there will be growing demand for business correspondents, sales executives and other banking professionals to reach out to the rural population,” Uppaluri said.
“In the months to come, we expect to see higher hiring momentum in tier 2 and 3 cities to begin with,” he added.
Going by findings of Randstad India the top three cities that will witness maximum momentum in hiring in banking related jobs are — Mumbai, Chennai and NCR region.
“New banks will require staff for branches, as well as for functions such as operations, IT, risk management, compliance, among others,” MeraJob India Founder & CEO Pallav Sinha said.
“The new licensees will hire people with banking expertise for key positions, thereby triggering a revival in recruitment for banking,” he added.
“Banking jobs will be opening up at all levels although the entry level officers and clerical roles in public sector will see the highest intake.
“Existing banks will specifically need candidates in the client-facing and client-servicing roles,” Thammaiah said.