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Bank PO / Clerical
State Bank of India
State Bank of India (SBI) is a multinational banking and financial services company based in India. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra. As of December 2012, it had assets of US$501 billion and 15,003 branches, including 157 foreign offices, making it the largest banking and financial services company in India by assets.
The bank traces its ancestry to British India, through the Imperial Bank of India, to the founding in 1806 of the Bank of Calcutta, making it the oldest commercial bank in the Indian Subcontinent. Bank of Madras merged into the other two presidency banks—Bank of Calcutta and Bank of Bombay—to form the Imperial Bank of India, which in turn became the State Bank of India. Government of India nationalised the Imperial Bank of India in 1955, with Reserve Bank of India taking a 60% stake, and renamed it the State Bank of India. In 2008, the government took over the stake held by the Reserve Bank of India. SBI was ranked 285th in the Fortune Global 500 rankings of the world's biggest corporations for the year 2012.
SBI provides a range of banking products through its network of branches in India and overseas, including products aimed at non-resident Indians(NRIs). SBI has 14 regional hubs and 57 Zonal Offices that are located at important cities throughout the country.
SBI is a regional banking behemoth and has 20% market share in deposits and loans among Indian commercial banks.
The State Bank of India was named the 29th most reputed company in the world according to Forbes 2009 rankings and was the only bank featured in the "top 10 brands of India" list in an annual survey conducted by Brand Finance and The Economic Times in 2010.

History
The roots of the State Bank of India lie in the first decade of 19th century, when the Bank of Calcutta, later renamed the Bank of Bengal, was established on 2 June 1806. The Bank of Bengal was one of three Presidency banks, the other two being the Bank of Bombay (incorporated on 15 April 1840) and the Bank of Madras (incorporated on 1 July 1843). All three Presidency banks were incorporated as joint stock companies and were the result of the royal charters. These three banks received the exclusive right to issue paper currency till 1861 when with the Paper Currency Act, the right was taken over by the Government of India. The Presidency banks amalgamated on 27 January 1921, and the re-organised banking entity took as its name Imperial Bank of India. The Imperial Bank of India remained a joint stock company but without Government participation.
Pursuant to the provisions of the State Bank of India Act of 1955, the Reserve Bank of India, which is India's central bank, acquired a controlling interest in the Imperial Bank of India. On 30 April 1955, the Imperial Bank of India became the State Bank of India. The government of India recently acquired the Reserve Bank of India's stake in SBI so as to remove any conflict of interest because the RBI is the country's banking regulatory authority.
In 1959, the government passed the State Bank of India (Subsidiary Banks) Act, which made eight state banks associates of SBI. A process of consolidation began on 13 September 2008, when the State Bank of Saurashtra merged with SBI.
SBI has acquired local banks in rescues. The first was the Bank of Behar (est. 1911), which SBI acquired in 1969, together with its 28 branches. The next year SBI acquired National Bank of Lahore (est. 1942), which had 24 branches. Five years later, in 1975, SBI acquired Krishnaram Baldeo Bank, which had been established in 1916 in Gwalior State, under the patronage of Maharaja Madho Rao Scindia. The bank had been the Dukan Pichadi, a small moneylender, owned by the Maharaja. The new banks first manager was Jall N. Broacha, a Parsi. In 1985, SBI acquired the Bank of Cochin inKerala, which had 120 branches. SBI was the acquirer as its affiliate, the State Bank of Travancore, already had an extensive network in Kerala.
The State Bank of India and all its associate banks are identified by the same blue keyhole logo. The State Bank of India wordmark usually has one standard typeface, but also utilises other typefaces.


Structure
Current Board of Directors
As on 14 January 2013, there are fifteen members in the SBI board of directors:-
• Pratip Chaudhuri (Chairman)
• Hemant G. Contractor (Managing Director)
• Diwakar Gupta (Managing Director)
• A. Krishna Kumar (Managing Director)
• S. Visvanathan (Managing Director)
• S. Venkatachalam (Director)
• D. Sundaram (Director)
• Parthasarathy Iyengar (Director)
• Thomas Mathew (Director)
• S.K. Mukherjee (Officer Employee Director)
• Rajiv Kumar (Director)
• Jyoti Bhushan Mohapatra (Workmen Employee Director)
• Deepak Amin (Director)
• Harichandra Bahadur Singh (Director)

International presence
As of 28 June 2013, the bank had 180 overseas offices spread over 34 countries. It has branches of the parent in Moscow, Colombo, Dhaka, Frankfurt, Hong Kong, Tehran, Johannesburg, London, Los Angeles, Male in the Maldives, Muscat, Dubai, New York, Osaka, Sydney, and Tokyo. It has offshore banking units in the Bahamas, Bahrain, and Singapore, and representative offices in Bhutan and Cape Town. It also has an ADB in Boston, USA.
The Canadian subsidiary, State Bank of India (Canada) also dates to 1982. It has seven branches, four in the Toronto area and three in the Vancouver area.
SBI operates several foreign subsidiaries or affiliates. In 1990, it established an offshore bank: State Bank of India (Mauritius).
In 1982, the bank established a subsidiary, State Bank of India (California), which now has ten branches – nine branches in the state of California and one in Washington, D.C.
The 10th branch was opened in Fremont, California on 28 March 2011. The other eight branches in California are located in Los Angeles, Artesia, San Jose, Canoga Park, Fresno, San Diego, Tustin and Bakersfield.
In Nigeria, SBI operates as INMB Bank. This bank began in 1981 as the Indo-Nigerian Merchant Bank and received permission in 2002 to commence retail banking. It now has five branches in Nigeria.
In Nepal, SBI owns 55% of Nepal SBI Bank, which has branches throughout the country. In Moscow, SBI owns 60% of Commercial Bank of India, withCanara Bank owning the rest. In Indonesia, it owns 76% of PT Bank Indo Monex.
The State Bank of India already has a branch in Shanghai and plans to open one in Tianjin.
In Kenya, State Bank of India owns 76% of Giro Commercial Bank, which it acquired for US$8 million in October 2005.

Associate banks
SBI has five associate banks; all use the State Bank of India logo, which is a blue circle, and all use the "State Bank of" name, followed by the regional headquarters' name:
• State Bank of Bikaner & Jaipur
• State Bank of Hyderabad
• State Bank of Mysore
• State Bank of Patiala
• State Bank of Travancore
Earlier SBI had seven associate banks, all of which had belonged to princely states until the government nationalised them between October 1959 and May 1960. In tune with the first Five Year Plan, which prioritised the development of rural India, the government integrated these banks into State Bank of India system to expand its rural outreach. There has been a proposal to merge all the associate banks into SBI to create a "mega bank" and streamline the group's operations.
The first step towards unification occurred on 13 August 2008 when State Bank of Saurashtra merged with SBI, reducing the number of associate state banks from seven to six. Then on 19 June 2009 the SBI board approved the absorption of State Bank of Indore. SBI holds 98.3% in State Bank of Indore. (Individuals who held the shares prior to its takeover by the government hold the balance of 1.77%.)
The acquisition of State Bank of Indore added 470 branches to SBI's existing network of branches. Also, following the acquisition, SBI's total assets will inch very close to the 10 trillion mark (10 billion long scale). The total assets of SBI and the State Bank of Indore stood at 9,981,190 million as of March 2009. The process of merging of State Bank of Indore was completed by April 2010, and the SBI Indore branches started functioning as SBI branches on 26 August 2010.

Non-banking subsidiaries
Apart from its five associate banks, SBI also has the following non-banking subsidiaries:
SBI Capital Markets Ltd
SBI Funds Management Pvt Ltd
SBI Factors & Commercial Services Pvt Ltd
SBI Cards & Payments Services Pvt. Ltd. (SBICPSL)
SBI DFHI Ltd
SBI Life Insurance Company Limited
SBI General Insurance
In March 2001, SBI (with 74% of the total capital), joined with BNP Paribas (with 26% of the remaining capital), to form a joint venture life insurance company named SBI Life Insurance company Ltd. In 2004, SBI DFHI (Discount and Finance House of India) was founded with its headquarters in Mumbai. Other SBI service points
SBI has 27,000+ ATMs (25,000th ATM was inaugurated by the then Chairman of State Bank Shri O.P. Bhatt on 31 March 2011, the day of his retirement); and SBI group (including associate banks) has about 45,000 ATMs. SBI has become the first bank to install an ATM at Drass in the Jammu & Kashmir Kargil region. This was the Bank's 27,032nd ATM on 27 July 2012.

Logo and slogan
• The logo of the State Bank of India is a blue circle with a small cut in the bottom that depicts perfection and the small man the common man - being the center of the bank's business.
• Slogans: "PURE BANKING, NOTHING ELSE", "WITH YOU - ALL THE WAY", "A BANK OF THE COMMON MAN", "THE BANKER TO EVERY INDIAN", "THE NATION BANKS ON US". Recent awards and recognitions
• Best Online Banking Award, Best Customer Initiative Award & Best Risk Management Award (Runner Up) by IBA Banking Technology Awards 2010
• The Bank of the year 2009, India (won the second year in a row) by The Banker Magazine
• Best Bank – Large and Most Socially Responsible Bank by the Business Bank Awards 2009
• Best Bank 2009 by Business India
• The Most Trusted Brand 2009 by The Economic Times
• Most Preferred Bank & Most preferred Home loan provider by CNBC
• Visionaries of Financial Inclusion By FINO
• Technology Bank of the Year by IBA Banking Technology Awards
• SKOCH Award 2010 for Virtual corporation Category for its e-payment solution
• 11th most trusted brand in Hindustan.

Major competitor
Some of the major competitors for SBI in the banking sector are ICICI Bank, HDFC Bank, Axis Bank, Bank of India, Punjab National Bank and Bank of Baroda. However in terms of average market share, SBI is by far the largest player in the market.

State bank of India (SBI) Probationary Officers (PO) Recruitment 2013: Written test results declared

Minimum age limit/Experience and Qualification
The age limit for the eligible candidates should be between 21 years to 30 years as on 01.01.2013. The candidates should be graduated from any recognized university or from central government qualification.

How to apply
Candidates need to register in online through bank’s website www.statebankofindia.com or http://www.sbi.co.in.
To apply online, click here

Selection process
• The selection process will be based on three stages,
• 1. Written examination
• 2. Group discussion & Interview
• 3. Final Selection

Mode of submitting Application Form
Candidates who are all belongs to SC/ST/PWD caste need to pay Rs. 50/- (Rupees Fifty only) for intimation charges. Candidates belongs to general and other candidates should pay Rs. 200/- (Rupees Two hundred only) for application fees and intimation charges. Candidates can choose either online or offline mode of payment.

Important instructions
Candidates should scan their photos and signatures before the process of registration. The details of photos and signature scanning are available in SBI website. Candidates should give own and valid e-mail ID and mobile number while registration. It should be kept active until the declaration of results.

References
To know more details, www.statebankofindia.com http://www.sbi.co.in.

SBI PO Exam Syllabus & Exam Pattern 2013
Syllabus,Exam Patter,Cut Off Marks :
SBI-State Bank of India released notification for recruiting a huge number of 1500 PO’s in India across various branches. Candidates who are interested and eligible candidates can apply for these vacancies. SBI is going to conduct the written examination for selecting the candidates. Candidates who clears the written exam only those candidates are called for further rounds.
SBI Objective paper will have 4 sections for total marks of 200 each section carries of 50 marks and contains 50 questions Note: Negative marks will be applicable i,e 1/4 from secured marks/0.25 marks.
English Language
General Awareness
Reasoning
Aptitude Section
Phase(I) :
(i) Objective Tests (200 marks): The Objective Tests with 2 hour duration will consists of 4 Sections with 50 marks each as follows:
 (a)Test of English Language (Grammer, Vocabulary, Comprehension etc)
 (b)Test of General Awareness, Marketing and Computers
 (c)Test of Data Analysis and Interpretation
 (d)Test of Reasoning (High Level)
Candidates must should qualify in the Objective paper and then only called for the further rounds like Group discussion and Personal Interview.
Phase (II): Candidates who clears the phase only those candidates are eligible for the GD and Interview.Here Group discussion will be of 20 marks and Interview will be 30 marks.

Institute of Banking Personnel Selection
Institute of Banking Personnel Selection (IBPS) is an autonomous agency in India, which started its operation in 1975 as Personnel Selection Services (PSS). In 1984, IBPS became an independent entity at the behest of Reserve Bank of India (RBI) and Public Sector Banks. IBPS is envisioned as self-governed academic and research oriented Institute, with a mission of enhancing human-resource development through personnel assessment. In 2011, IBPS announced a common written examination (CWE) for the selection Officers and Clerks in Indian banks. IBPS CWE is now mandatory for anyone who seeks an employment in 20 public sector and Regional Rural banks. IBPS periodically accepts the exam applications from the candidates at their website www.ibps.in, and the exams are organized at various locations in the country either in online or offline mode.
The magnificence of IBPS has stood over 40 years. Working on international testing models like the ETS model, the Institute conducts a wide spectrum of activities in personnel selection both for promotion within and recruitment and selection from outside the organization. Today, IBPS has become a body providing integrated end to end solutions for human resource management of client organizations. The Institute is equipped with its very own fleet of qualified personnel - people from the banking and insurance industry, psychology, information technology and educational measurement who have specialized in the testing process. Its various verticals include Client Relations, Design and Analysis, Research and Development, Processing and Technology Operations and Support Services. It also has its own technology infrastructure for data ware house and processing. It has state-of-the-art printing facility that is capable of printing over 100 thousand data booklets and answer sheets per day. The Institute has the capability of testing simultaneously as many as 1 million candidates in 2000 venues across 200 centers (cities) in one session. In 2010-11 alone, IBPS was successful in screening over 10 million candidates for testing and filled approx. 79,236 vacancies for its client organizations besides testing of candidates for admission to academic institutes and certification for diplomas.
Institute of Banking Personnel Selection (IBPS)IBPS House, Post Box No.8587, Kandivali (East), Mumbai – 400101 IBPS conducts Common Written Exam (CWE) for Specialist Officers Cadre IBPS, an autonomous body, has been authorised by the IBA and has received mandates from 19 Public Sector Banks to conduct the recruitment of Specialist Officers . A Common Written Examination (CWE) will be conducted on 11/03/2012 by the IBPS as a pre-requisites for selection of personnel for Specialist Officers Cadre posts in the following 19 Public Sector Banks. Allahabad Banks / Andhra Bank/ Bank of Baroda/ Bank of India/ Bank of Maharashtra/ Canara Bank/ Central Bank of India/ Corporation Bank/ Dena Bank/ Indian Bank/ Indian Overseas Bank/ Oriental Bank of Commerce/ Punjab National Bank/ Punjab & Sind Bank/ Syndicate Bank/ Union Bank of India/ United Bank of India/ UCO Bank/ Vijaya Bank. Those will be successful in the Common Written Exam (CWE) will be given a scorecard (Like CAT exam of IIM) and may apply to any of the participating bank when they come up with their job vacancy and then these successful candidates have quote their personal details and their CWE scores. Each of the bank will issue individual recruitment notifications, details of vacancies, eligibility criteria etc. separately. Specialist Officers posts : Information Technology Officer (Scale-I) Agriculture Field Officer (Scale-I) Rajbhasha (Hindi) Officer (Scale-I) Law Officer (Scale-I) Technical Officer (Scale-I) HR/ Personnel Officer (Scale-I) Marketing Officer (Scale-I) Information Technology Officer (Scale-II) Law Officer (Scale-II)

Governing Board
The Governing Board consists of nominees from Reserve Bank of India, Ministry of Finance Government of India, National Institute of Bank Management, representatives of Public Sector Banks, Insurance sector and academics. The matters related to policy and affairs of the Institute are vested in the Governing Board.
List of banks that accept CWE
• Allahabad Bank
• Andhra Bank
• Bank of Baroda
• Bank of India
• Bank of Maharashtra
• Canara Bank
• Central Bank of India
• Corporation Bank
• Dena Bank
• Indian Bank
• Indian Overseas Bank
• Oriental Bank of Commerce
• Punjab National Bank
• Punjab & Sind Bank
• Syndicate Bank
• Union Bank of India
• United Bank of India
• UCO Bank
• Vijaya Bank
• IDBI Bank
• ECGC (Export Credit Guarantee Corporation)(Joined Recently) Exams for different cadres
• CWE PO/MT for the position of Probationary Officer or Management Trainee.
• CWE Clerk for Clerical positions.
• Specialist Officer for specialist officer positions.
• RRB officer. For the selection of officers & office assistants to Regional Rural Banks (RRBs) governed by NABARD.
Though the common exams were conducted once every six months, it is no more in practice.As per latest modifications PO & Clerk will be conducted by IBPS once a year.

Eligibility
The eligibility conditions to apply for these common examinations have reportedly been changed recently as per the approval of Government of India. The minimum age for someone looking to apply for PO & clerical exams is 20 years and the maximum age is 30.While the minimum educational qualification for clerk is graduation pass, one must secure at least 60% in degree to appear for PO level examinations. Individuals from reserved categories have relaxations in both age and education.
Additionally, applicants to the Specialist cadre are required to have a professional qualification in Law, Accounting, Agriculture, IT or management sector. A certificate in computer operations or knowledge in computers has also been mandatory for posts other than specialist officers.

Common Written Examination (CWE)
The CWE syllabus and general instructions on filling IBPS online application will be provided in the exam notification. Each candidate will be intimated with the date and venue of the exam via a call letter, that will be available for download a few days after they register at the IBPS website. IBPS CWE is an objective type exam with negative marking for false answers. Initially, the exams were organized in the offline mode but in 2012 IBPS moved to an internet-based examination process.

Results
IBPS CWE results are published online at their official website. All candidates who appear for the CWE will be able to check their status once the results are out. IBPS applies a cut-off method to determine the final score known as the TWSS
(Total Weighted Standardized Scores). Although scorecards were issued to candidates who secured the minimum TWSS, IBPS has discontinued that practice during mid-2012.Qualified candidates can directly see their scores online and wait for common interviews to take place.
Common Interview

In 2012, IBPS announced that the participating banks would no longer conduct separate interviews for successful candidates those who have appeared in the CWE. Instead of that, IBPS itself will arrange a common interview (CI) for them at different locations and will prepare a final merit list which will be used to recruit them directly to the banking positions reported during the validity of their score card. That simply means that IBPS now reserves the complete control over recruiting and placing professionals to almost all public sector banks in India.

Allegations
In 2013 IBPS is supposed to conduct the CWE specialist officer exam which is scheduled to be held on 17 March 2013. But the conducting board have shown high degree of callousness by mismanaging the exam center allocation. Most of all the candidates were not given the center of their choice and are to travel around 500+ kilometers for appearing the exam. This is a hard monopoly system incorporated by IBPS management of changing the preferred center without the consent of candidates which is definitely going to increase the resentment across the country. The members at IBPS board have also stepped up one level further by ignoring the problems of the candidates.
Even its allocation of exam centers for clerical posts also very far from cities(about 50KM). As online exams needs lot of dedicated computer systems and city facilities are costly,ibps allocates remote location engineering colleges as exam centers. These location accessibility is a grave concern for many applicants,especially lady candidates. Also many used to stay out from the exams,even after applying and paying necessary fees as travel from district headquarter takes 2-3 hrs.

IBPS PO SYLLABUS
Sr.No. Name of Tests (Objective) No. of Questions Maximum Marks
1 Reasoning 50 50
2 English Language 50 25
3 Quantitative Aptitude 50 50
4 General Awareness (with special reference to Banking Industry) 50 50
5 Computer Knowledge 50 50
6 Descriptive Paper on English Composition (Essay, Precis, Letter Writing etc) - 50
Total 250

PENALTY
There will be penalty for wrong answers marked in the Objective Test. For each question for which a wrong answer has been given by the candidate one fourth or 0.25 of the marks assigned to that question will be deducted as penalty to arrive at corrected score. If for any question a candidate gives more than one answer, it will be treated as wrong even if one of the given answers happens to be right and there will be the same penalty of 0.25 of the marks assigned to that question deducted as penalty. If a question is left blank, i.e. no answer is given by the candidate, there will be no penalty for that question.
 
 
     
       
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