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This makes it much easier, less cumbersome and speeds up the entire process. Also the chances of counterfeiting are greatly minimized through the use of passwords and the like. In such a set up it is necessary that the employees in any bank are computer literate so that they are able to handle such situations. A public sector banks are those banks which are either run by, or owned by, or controlled by the Government of India. Certain examples would be The Reserve Bank of India (RBI), The State Bank of India (SBI), Allahabad Bank, Andhra Bank, Punjab National Bank (PNB), UCO Bank, etc. A private Sector Bank on the other hand is privately owned organizations with the government having no say in the management. However, for the smooth functioning of the economy, all private sector banks come under the aegis of the rules and regulations set by the government of India and it is through this means that the policies of such banks are controlled by the government. When computers were first introduced, especially in the public sector banks (government owned banks) the workings were actually seen to get slower as the old employees were not well versed with the new technology.

This, however, posed a new problem for bank job hopefuls. Certain banks recognized any certificate. Yet, certain others would only accept Government recognized courses. The private sector banks, however, make it compulsory for any recruit to be computer literate as they are almost completely computerized.

The next question that was raised was that of skills. What skills or programs must a bank job hopeful acquire before he is eligible for such a job? The banks, therefore, framed a core course. Banks these days expect certificate in Computer Awareness and Office Automation Course. This course teaches basics like DOS, MS Office, Internet and E-mail. In other words, the things one might require getting through the general work required of a bank employee. In addition, knowledge of certain financial software is also required. The topmost financial institute in the country is the Government’s very own reserve bank. It is actually the Government’s bank and does not do much business with individuals. The RBI recruits to 3 cadres: Clerical Grade, Grade an officers and Grade B officers who are responsible for the workings of the bank. To begin with, the clerks work in the cash department as examiners of coins and notes. Once they complete 5-10 years they become eligible for the requisite exam so as to compete for promotion to the next level. There is also another exam open to Graduates, Post Graduates, CA’s, MBA’s in the 21-26 years of age group for recruitment to Class I posts. The examination is in 3 parts, which test General Mental Ability, English Language Skills, Knowledge of Economics and Social skills, respectively. Those selected must then appear for an interview which is the deciding factor.

Yes, it is true that government jobs shall be definitely ranked private sector jobs and recent economic instability has clarified this fact and brought the truth in front of us.