Merger of banks in india will it impact on vacancies?: Dear Followers, as we all know 10 banks are composed into 4 national public sector banks. The merge banks are Punjab National Bank, Canara Bank, the Union Bank of India, Indian Bank, the United Bank of India, Allahabad Bank, Syndicate Bank, Corporation Bank, the Oriental Bank of Commerce and Andhra Bank. So many candidates have the fear that, it would be affecting the number of recruitment vacancy. After knowing about merging of banks, many of the people thought it would be positive for our economy. But some of the people share their negative thoughts on merging of bank. At the end this conversation about merging of bank, the positive and negative thoughts are all only assumptions of the people.
Merger of banks in India will it impact on vacancies? | Pros and Cons
Many of our aspirants have the goal to get government job in their life time. They motivate like even years to go but getting government job is their only target, so keep work on it. All the spreading thoughts about merging of bank are assumptions. Here we have given the pros and cons about merging of bank, whether it would affect the number of vacancies.
Merger of Public Sector Banks – Disadvantages:
First we discuss about the disadvantages in merger of banks, Many of the candidates share their thought like, if two different banks are there in one place means, after merging of banks, it will leads to closing of one bank in that place. So closing of banks will there in all places. In previous set of merger of bank, some banks like vijaya bank, dena bank are merged into bank of baroda. Numbers of vacancies are listed out for recruitment process is exponentially reduced. From this information,after merging of banks recruitment vacancies may be reduced. This merging of bank will come to force from next financial year. So this recruitment vacancy reduction may be affected from next financial year.
Merger of Public Sector Banks in India – Advantage:
Some people share their thoughts in positive manner, they are even though the merger of bank is done, and reduction in bank branches takes place. It will not affect the recruitment vacancies. For examples, Indian overseas bank having no recruitment since 2004 because IOB bank is under Prompt Corrective Action commonly called as PCA. Banks under PCA will not make the recruitment to hire their employees. So after merger of bank is India take place, banks under PCA will come out and decreasing their NPA (Non Performing Asserts) more employees will be needed for their bank. As a result, automatically recruitment will be announced for huge vacancies.
Even though banks are equipped with electronic systems, human power resources must be needed. After merging the banks into BOB, comparatively the number of vacancies released is high than previous recruitment. This statement is common for all bank recruitments not about BOB.
So these are the pros and cons about merger of bank in India. At last these are the assumption only, so guys continue your preparation the official notification get released very soon about the merger of bank. At last we have insists one thing, high vacancies or low vacancies doesn’t matter, recruitment is always there for some vacancies. So candidates be confident and do your preparation to compete in the recruitment however it could be.
All the Best Guys!!!!
Don’t forget to download and study other General Awareness Topics from below:
-
Last 6 Months Current Affairs PDF 2019
-
Monthly Current Affairs Capsule August 2019
-
Monthly One Liner Current Affairs PDF August 2019
-
Expected Questions from Monthly Current Affairs PDF
Check Here for Free Reasoning Questions PDF
Free Aptitude Questions PDF
Note: We have launched separate webiste for Free PDF which has All Free PDF Materials, Topic wise questions on Reasoning, Aptitude, English, General Awareness, Current Affairs, Insurance Awareness, Banking Awareness, Previous Year Question Paper and more. Visit: pdf.exampundit.in
