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Any difference in Career growth and pay of a PO in RRBs when compared to Nationalized Banks??

This is a discussion on Any difference in Career growth and pay of a PO in RRBs when compared to Nationalized Banks?? within the Exam Help forums, part of the Lounge category; Hi Everybody,Well I have a doubt...Will there be any difference in the career growth and/or pay for a candidate selected for Probationary Officer in a Regional Rural Bank in comparison with Nationalized Banks(19 banks)??One of ...

      
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    Question Any difference in Career growth and pay of a PO in RRBs when compared to Nationalized Banks??



    Hi Everybody,Well I have a doubt...Will there be any difference in the career growth and/or pay for a candidate selected for Probationary Officer in a Regional Rural Bank in comparison with Nationalized Banks(19 banks)??One of my friends said, yes, but didn't say how and why?? Plz reply if you have any idea.Thanks.


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    You cannot compare both. If you look at their names itself, you will appreciate that RRB are confined to one particular region itself while Nationalized Banks work pan India. The capital inflow of RRB comes from Indian Govt, State Govt. and a Schedule Bank, so the management of the RRB will always be influenced by these three entities. While in a Nationalized Bank there is no such thing and the management works under the RBI/Finance Ministry.

    A PO of RRB has grim prospects when compared to PO of a larger Nationalized Bank. A PO of say, PNB or SBI may get himself promoted to Deputy Manager in 3-4 years as there are many Branches of these banks and hence many vacancies. This is not a case in any RRB.

    While a Officer of a Nationalized Bank gets to work in many places. A Officer of a RRB may get retired in same state.

    A Officer of a Nationalized Bank can get a transfer to other Nationalized Banks of his choice if there is a vacancy. Example a Scale IV Officer of Indian Overseas Bank can get a transfer to Punjab National Bank or Bank of Baroda if there is a vacancy.

    Also, a Officer of a Nationalized Bank "ABC" can go on to become the MD of Bank "ABC" or other Nationalized Bank "PQR" or any other Nationalized Bank "XYZ".


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