A job with a great bank is a dream come true for finance graduates. Can things get better? Well, yes! A job with a public sector bank is even better. It brings along with it security and a host of other benefits. Here is a list of the top five Indian public banks to work for in 2015. This list is based on asurvey and the banks are listed on the basis of various criteria like honours and awards and salary package.
1. State Bank of India:
The Bank with its customer centric approach values transparency and nurtures knowledge and learning. It believes in the quality of its people and their efforts and therefore takes continuous initiative for hiring the best talent and ensuring their development, motivation and growth.
The Bank offers excellent career opportunities to dynamic individuals. In addition to exposure to a variety of banking segments, the Bank also provides personal growth opportunity to the individuals. The bank has won prestigious awards like:
• Asian BFSI Awards 2013,
• India’s most Ethical Companies Award 2013 and
• Asian Green Future Leadership Awards 2013 among others.
2. Allahabad Bank:
The bank recently celebrated 150 years of its foundation in April 2014 and is known in the industry for the way they work as an employee as well as customer centric organization. The bank is also known for their higher growth as they build a strong customer base through talent management, structural re-organization and state of the art technology.
Allahabad Bank was considered to be one of the top 10 most favoured public banks to work for. They believe that their growth is connected with the growth of their people. The bank encourages performance driven organizational culture in which people give their best and feel proud to be a part of a successful and a caring organization.
3. Bank of Baroda:
Bank of Baroda received overall positive reviews from employees at the glassdoor.com. The employees have great learning opportunities and talent recognition is the policy of the bank. The company firmly believes that the happiest employees are the most productive, and they make sure to provide their staff with a vibrant and nurturing environment, like that of a family. At Bank of Baroda, employees are provided a range of challenging assignments in various capacities throughout their tenure. A culture of sharing, collaboration, openness, and autonomy inspires employees to deliver their best. The staff is offered the opportunity to develop into entrepreneurial managers and business leaders.
4. Bank of Maharashtra:
Bank of Maharashtra occupied a place among the most favoured public banks. The employees have immense opportunities to experience and understand the varied aspects of commercial and retail banking. The bank believes in adopting the latest technology on a continuous basis in order to build proactive, professional and involved workforce. Bank of Maharashtra has been felicitated as the Best Public Sector Bank in India at the Dun & Bradstreet – Polaris Financial Technology Awards 2013 under the category ‘Asset Quality’. The bank has also received a number of other awards as follows:
• Business Excellence in Banking Award 2013 (by Times Research)
• Best Bank – Public Sector in BFSI Awards 2014 and
• Best Banker in Customer Friendliness among others.
5. Punjab National Bank:
Punjab National Bank is a very employee friendly bank and aims to build a strong and proactive workforce. Job security, timely payment of salary, good pension schemes and a large network are the factors that keep employees loyal. The bank is also known for their strong credit appraisal in the industry. The organization has a friendly working environment with experienced people and offers its employees excellent learning and growth opportunities. PNB has received many awards like:
• Golden Peacock Award for innovation product/service 2014
• Vigilance Excellence award 2014 and
• Award for CSR Activity 2014 among others.