The history of Indian banking can be traced back to the 18th century. The first bank in India, The Bank of Bengal was established in 1784. The Indian banking sector has undergone tremendous changes since then with a number of new banks being set up and existing banks being nationalized, and has become one of the most sophisticated banking systems in the world. Today, the banking sector in India is highly regulated and offers a wide range of services to its customers.

The Indian banking system is classified into five types of banks – scheduled commercial banks, non-scheduled commercial banks, regional rural banks, cooperative banks, and foreign banks. The scheduled commercial banks are further classified into public sector banks, private sector banks, and foreign banks.

Reserve Bank of India is the central bank of India which controls the monetary policy of the Indian rupee. The banking in India is regulated by the Reserve Bank of India Act, 1934. The banking sector in India has been growing at a rapid pace with the growth of the economy.

The government bank job is a great opportunity for those who are looking for a career in the financial sector. The job offers a competitive salary and benefits, and the chance to work in a stable and secure environment. If you are interested in this job, please read more here.

IBPS is the regulatory board which conducts all the entrance exams of government banks, In a year there are approximately 12 exams of RBI, SBI, 11 Nationalised Bank for both clerical and PO (Probationary Officer) cadre, there are special recruitments for post graduates for SO (Specialist Officer) post.

The recruitment dates of Public Sector banks have been spread across the year so as to give multiple chances to aspirants –

RBI Grade B & RBI Assistant vacancies are generally released in Feb/March in each Year, RBI gives a promising career for young graduates to work in a career driven environment in the core of Banking Sector.

SBI PO & Clerk vacancies are generally released in the month of April/ May,

Likewise IBPS RRB PO & Clerk are released in June/July and IBPS PO & Clerk in August/September.