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As seen in the private sector much of the job cuts due to global slowdown, its the public sector undertaking (PSU) banks which gained much confidence due to job safety and security. More and more people are likely to turn towards government institutions, particularly banks in the quest for safety and security. A report "Opportunities in Indian Banking Sector", by market research company, RNCOS, forecasts that the Indian banking sector will grow at a healthy compound annual growth rate (CAGR) of around 23.3 per cent till 2011. (source: citizen journalist:merinews)
What else can I help you with?
What are the Finance topics for MBA project in banking organisation?
Impact of Inflation on Banking Sector of india
Which sector in India is affected by recession?
IT
What are the Sectors in India affected by recession?
tertiary sector
Banking system and structure in India?
ministry of finence. R.B.I BENKING SECTOR NON-BANKING SECTOR S.E.B.I R.O.C
The limit of FDI in banking sector in India?
74%
Banking sector in India?
it means compulsory reserve ratio.
Growth rate of banking sector in India?
The growth rate of banking sector in India is averaged to be at abut 4% per annum. The poverty levels are the main contributors to this pace of growth.
Is there any impact on India due to the present recission in US?
IT Industry may get impact because most of the IT business came from US. Our economy is strong. Most of the industry produce to cater to national demand. Demand is high in India but production is relevantly insufficient. So, there will hardly be any impact of present recession in US on India. Job Sector: Recession proof jobs: Government Servant, Teachers, Doctors, Cost Accountants and Beauticians.
What does the banking sector consist of?
The Banking Sector consists of all Banking and Financial Institutions in a country. For example in India, all companies that provide banking and financial services come under the Banking sector. Ex:State Bank of IndiaICICI SecuritiesReligare Asset Management CompanyHDFC Mutual FundsEtcAre all part of the Banking industry in India. The list above is not exhaustive and every single company that provides such services are part of it.
Who are the three watchdogs of India's financial system?
1) Reserve Bank of India for banking and non banking sector. 2) Insurance Regulatory and Development Authority for insurance sector. 3) Security & Exchange Board of India for stocks, shares,debentures of listed cos.
Is there is a demand for MCA Graduate in India?
I think there is a good demand for MCA Graduate in India, but due to recession in IT Sector in 2005 there is a little bit fall in demand.
Is state bank of india a private sector bank?
No, the State Bank of India (SBI) is not a private sector bank; it is a public sector bank. It is wholly owned by the Government of India and is one of the largest banks in the country. SBI provides a wide range of banking and financial services to individuals and businesses.
