IBPS PO Bank Preference: How to Select Bank PO Career

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IBPS PO Bank Preference

IBPS PO Bank Preference: The Institute of Banking Personnel Selection has invited candidates to apply for the post of Bank PO in various Public Sector Banks. A Bank PO Career is regarded as one of the most preferred choices by most bank exam aspirants. Before going deep into preparation mode, let us look at another important aspect – How to Select a PSB for a Career as a Bank PO?”

Let us discuss in detail as it is a very important part of building a career in any sector of the Banking Industry.

 

IBPS PO Bank Preference 2016

There are a number of factors which every Bank PO Aspirant must refer to while thinking of long fulltime career with a PSB. But, when we talk about a broad perspective, IBPS PO Bank Preference can be based on the following factors.

  • Location
  • Date of Establishment
  • Quarterly Profit Margin
  • Employee Feedback

Let us discuss each metric in detail and decide which bank is the best choice for an ideal Bank PO Aspirant.

IBPS PO Bank Preference: Based on Location

Being a transferable job bank has a regular pattern of transferring in every 5 years. So, you have no option but one can optimise it. Every bank has maximum branches in the state where its HQ is located.

Name of the Bank Headquarters
Allahabad Bank Kolkata
Andhra Bank Hyderabad
Bank of Baroda Vadodara
Bank of India Mumbai
Bank of Maharashtra Pune
Canara Bank Bangalore
Central Bank of India Mumbai
Corporation Bank Mangalore
Dena Bank Mumbai
IDBI Bank Mumbai
Indian Bank Chennai
Indian Overseas Bank Chennai
Oriental Bank of Commerce New Delhi
Punjab National Bank New Delhi
Punjab & Sind Bank New Delhi
Syndicate Bank Manipal, Karnataka
UCO Bank Kolkata
Union Bank of India Mumbai
United Bank of India Kolkata
Vijaya Bank Bangalore

Based on the location of Headquarters, it can be deduced that a particular bank will have more branches in the proximity of the HQ.

IBPS PO Bank Preference: Based on Profit Margin in First Quarter

The Financial Condition of a Bank plays an extremely vital role on the hiring trends and employment policies. A good, profitable quarter will definitely be a positive remark on the PSBs reputation while a negative quarter can harm its reputation.

Name of the Bank Profit in First Quarter
Allahabad Bank (-) Rs. 581 Cr.
Andhra Bank Rs. 51.60 Cr.
Bank of Baroda (-) Rs. 3,342 Cr.
Bank of India Rs. 1,263.81 Cr.
Bank of Maharashtra Rs. 100.69 Cr.
Canara Bank Rs. 229 Cr.
Central Bank of India (-) Rs. 898.04 Cr.
Corporation Bank (-) Rs. 511 Cr.
Dena Bank (-) Rs. 326.38 Cr.
IDBI Bank (-) Rs. 1,736 Cr.
Indian Bank Rs. 84 Cr.
Indian Overseas Bank Rs. 550 Cr.
Oriental Bank of Commerce Rs. 21.62 Cr.
Punjab National Bank (-) Rs. 5,367.14 Cr.
Punjab & Sind Bank Rs. 98 Cr.
Syndicate Bank (-) Rs. 2,158 Cr.
UCO Bank (-) Rs. 1,715.16 Cr.
Union Bank of India Rs. 1,352 Cr.
United Bank of India (-) Rs. 413 Cr.
Vijaya Bank Rs. 96.80 Cr.

Refer to the table above and see what was the general trend on profit/ loss in the first quarter of Financial Year 2016-17.

IBPS PO Bank Preference: Based on Year of Establishment

The Older The Better, right? Apparently, a lot of Bank Aspirants do run with this notion that a an older bank has a better, deep rooted system and will offer more career growth opportunities.

Name of the Bank Year of Establishment
Allahabad Bank 1865
Andhra Bank 1923
Bank of Baroda 1908
Bank of India 1906
Bank of Maharashtra 1935
Canara Bank 1906
Central Bank of India 1911
Corporation Bank 1906
Dena Bank 1938
IDBI Bank 1964
Indian Bank 1907
Indian Overseas Bank 1937
Oriental Bank of Commerce 1943
Punjab National Bank 1895
Punjab & Sind Bank 1908
Syndicate Bank 1925
UCO Bank 1943
Union Bank of India 1919
United Bank of India 1969
Vijaya Bank 1931

Allahabad Bank stands tall as one of the oldest PSBs of the nation. But, we would recommend weighing in all the options.

IBPS PO Bank Preference: Based on Employee Feedback

Understanding the type of work life balance and general quality of life after joining a Bank is essential as an employee dedicates a major chunk of his/ her time daily at the workplace.  In situations like this, Quora and Glassdoor can be really helpful in providing valuable insights about the Bank.

We hope this article provides you all the necessary information related to IBPS PO Bank Preference. Read about IBPS PO New Syllabus & Exam Pattern from the link below.

IBPS PO Syllabus Exam Pattern Prelims Mains 2016

Read: IBPS PO Syllabus & Exam Pattern 2016

Stay connected for more information regarding IBPS Recruitment 2016. To excel in Bank Examinations, download the Best IBPS Exam Preparation App for free.

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3 COMMENTS

  1. Sir,while fill ibps online form can I used BA total marks on the basis of honours marks.That Sir, for honours students in our state total percentage is calculated only in honours subject.sir reply please.

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