State Bank of India, the largest public sector bank in India has glorious legacy of 200+ years. The employees here work in team (with average team spirit), has good training system, excellent job security, good career growth policies, good performance appraisal system, but presently poor salary structure(bankers are now seriously UNDER PAID), high inhome politics, good learning opportunities, average work environment, and average work life balance. Presently talented youth avoid to be employed in banking sector due to poor compensation package, high work pressure and work load with serious deficiency of workforce at lower and middle level.
Though the bank has an excellent HR policy but the implementors are not good. They are very much biassed towards cadre(direct recruited officers or promotee officers),position, caste,regionalibility and gender. In Mumbai Circle, women officers belonging to other states are seriously harrassed by other officials(including top officials) of the bank(including leaders of officers' union), appraisers are very much biassed and in this process; real performers heavily suffer and so called chamchas get preference without comperative performance. This adversely affects the career growth of various deserving officials, decision making is extremely delayed process especially in administrative offices upto Local Head Offices, present salary structure is too poor, work environment including work life balance is not good and there is prescribed working hours limit. There is always heavy work load as well as pressure from the management, so the young generation; especially talented do not now prefer bank job which was the most sought job after Central Civil Services.
Sometimes it was challenging, sometimes exiting, sometimes average and sometimes most boring and monotonous.
HR POLICIES ARE WORST. GROWTH IS IN- DISCRIMINATE. COMPENSATION IS OK WITH INDUSTRY STANDARDS BUT MUCH LOWER THAN OTHER PRIVATE SECTOR BANKS VIS A VIS INDIVIDUAL PERFORMANCE BECAUSE I WAS AN OUTPERFORMER AT ALL LEVEL COMPARED WITH MY PEERS. WORK PRESSURE IS BEYOND IMAGINATION WHERE ALL MAY NOT BE ABLE TO BEAR RESULTING IN PUTTING IN PAPERS BY VRS. APPRAISALS ARE NOT DONE PROPERLY. NO ON THE JOB NOR INSTITUTIONAL TRAINING FOR THE DESERVING ONES. ONLY 'YES SIR' ONES CAN RISE UP IN THE LADDER WITH PROMOTION IN SBI AND MOREOVER THE FAIR SEX WITH A LITTLE APPEAL TO BE FRANK AS REGARDS PROMOTION & SUBSEQUENT PLACEMENTS. THIS IS MY FORTY YEARS EXPERIENCE WITH SBI. AVAILING LEAVE IS INDEED A CRIME. NO FAMILY LIFE. I WAS A DESERVING CANDIDATE BUT WAS NOT PROMOTED.
CHALLENGING WHICH WAS ACCEPTED BY ME BUT NO RECOGNITION & PROMOTION IN TURN
I served the GREAT organisation for 31 long years and it is 'SHINING BANK OF INDIA" to crores of people in India. I was a union leader and had an excellent rapo and maintained excellent HR. Though we bankers serve all from top to bottom and give all loan facilities and pay salaries pensions to all but govt never recognised our services and pay structure compared very less. With lot of tensions due to financial dealings we face lot of problems with customers as they feel that we are surviving with their deposits and loans and these public never questions people in corrupt govt depts but waits very patiently for hours after paying hefty bribes. Lot of political involvement by way of waiver of loans and pressure and influence loans to big players at the highest level and poor employees at lover are being made scape goats. As there is better team work at lower levels the atmosphere is going on smoothly.
Now a days banking sector is getting deviated to do insurance at any cost thus hampering the very nature of banking business just for the sake of high commissions. Taking advantage of loan sanctioning they are compelling customers to go for insurance thus making employees vulnerable to the wrath of politicians and customers. Transferability for every three years is the biggest drawback as the Bank people cannot be stable
KING SIZE life I enjoyed my work to the core as i like to maintain public relations.
The Bank is the best place to become a multitasker in financial world be it routine banking, marketing of various financial products, foreign exchange, treasury, trainer in in house learning centres etc. There is ample opportunities for right people to climb the ladder to various executive positions in short span of service. The cross section of employees drawn from various parts of the country with different culture make the working environment enjoyable. The compensation at entry level is one of the best in the industry. The Bank has well laid down reward and recognition policy to add to employees stickiness. The seniors are always committed for the development of human resources even making their hands dirty to work with juniors. As to working environment, bad culture, if any, one should learn to extract the good one. Overall, it’s an organisation with good work culture and better corporate governance.
Work life balance is an issue to take as a challenge. Of late, the Bank has introduced few initiatives to address the isssue.
It’s really challenging working in various assignment in the Bank. As leader, one need to create an atmosphere where employees will leave office exhausted but feel energetic to come back next morning.
State Bank Of India is the largest Bank in India. Working in the bank I feel Proud. I got lots of opportunities to meet the people & it was my hobby to meet with the people. As a result people came to know about various scheme where they invest money. It helps the growth of business with good satisfaction. I am happy because people known to me still wants me in the bank. Job security is there for the honest staff. Various training helps me know more about my work. I need find any difficulty for my career. There are work life balance. I always tried work environment so that no one dissatisfy before leaving bank and work also completed within the time frame.I maintained cordial relation with all staff. Salaries is good including perks so I was satisfied and able to provide unblemished service to the bank with full satisfaction.
I dislike politics during service to the bank . All customers were equal to me . without complaining about the staff I solved the problems without hurting them. Naturally they loved to work under me with full satisfaction. That I feel is my reward.
I was fully satisfied by serving in S.B.I. Bank has introduced various scope for the customers. Within these various schemes are there to do cashless transaction without waiting for long time. Staffs are helping necessary help for proper use of it.
WORKING IN INDIA'S NO 1 BANK STATE BANK OF INDIA IS PROUD TO WORK IN THIS INSTITUTION.IN THIS ORGANISATION 100% JOB SECURITY,GOOD SALARY/PERK,THERE IS LOT OF OPPORTUNITY TO MAKE CARRIER IN THIS INSTITUTION.THERE IS NO DIRTY POLITICS EVERY THING IS TRANSPARENT,CUSTOMERS TRUST IN THIS ORGANISATION.WORKING ENVIRONMENT IS VERY NICE.
NOTHING IS THERE IN STATE BANK OF INDIA TO DISLIKE.WORK PRESSURE IN VERY HIGH
MY WORK EXPERIENCE IN SBI IS 23.5 YRS.THERE I WORKED IN ALL THE AREA OF DAY TO DAY BANKING LIKE..CASH TRANSACTIONS, GOVT BUSINESS, VARIOUS TYPES OF AC HANDLING,STDR/TDR RD AND OTHER FIX DEPOSITES,CHEQES CLEARING,RTGS/NEFT,CDM/ATM,INSURANCE,FIX ASSETS,ETC.
I have been associated with STATE BANK OF INDIA since 1978. This Bank helped me to get my livelyhood from my age of 23 and now I am at the age of
63. I got my regular salary and all privileges up to the age of 60 and there after
applicable Gratuity amount of Rs.10,00,000, and regular monthly pension amount approximately Rs.35,000 is granted. I am very much loyal to my institution.
I feel the Bank ignored to pay attention about the health care taking measures
of its rfetired employees, like not having any tie up arrangements with popular Health Insurance companies ( say Star Health Ins). It has formed a trust called REMBS - Reimbursement of Employees Medical Benefit Scheme - which in no way functioning properly. This is mainly due to lack of concentration in Insurance field which in no way connected to Banking field. Might have tie up arrangements with Insurance company which need not depend on any TPA (Third Party Assurance) agencies. Ins companies which are functioning at their own, without TPA, may be chosen to take care of its employees not only retired , also existing one.
Working experience in State Bank Of India is just amazing.We,the SBI family members are very cooperative & share all situations among ourselves.We all work in a very very good environment.We do have a very careful protective arrangement for our service career.I'm really very proud of being a SBI family member.
SBI is always adopting the latest tecnology & its CBS as well as all other module is very user friendly.I have worked in almost all forex related module& I think they are very user friendly & updated with latest technology & obeys all rules & regulations.
At last I will say that Iwas in SBI,I am with SBI & I'll be with SBI.I will face all situation if I get a call from them to overcome the situation.
I love my SBI,I respect my SBI as my parent.
I enjoyed my work in all time.Specially in the field of Forex desk,INB,Corporate INB,NRI Business etc.
IT IS A PROUD TO WORK IN INDIA'S NO 1 BANK STATE BANK OF INDIA.IN THIS ORGANISATION JOB SECURITY IS 100%,TIME TO TIME PROFESSIONAL TRAINING BY STATE BANK,LOT OF OPPORTUNITY FOR CARRIER GROWTH,NO DIRTY POLITICS,BEST WORKING ENVIRONMENT,
THERE IS NOTHING TO DISLIKE IN SBI .WORKING IN PRESSURE IS A PASSION IN SATE BANK OF INDIA.
WORKING EXPERIENCE OF ABOUT 23.5 YRS IN STATE BANK IN DAY TO DAY BRANCH BANKING LIKE..CASH TRANSACTIONS, GOVT BUSINESS, HANDLING OF VARIOUS TYPES OF ACCOUNTS, FIX DEPOSITS, STAFF CORRESPONDENCE, BANK CHARGES,CDM, ATM, LOCKERS, FIX ASSETS AND OTHER SO MANY
STATE BANK OF INDIA IS A ROYAL BANK .SERVE THE PEOPLE DIRECTLY THE WORK CULTURE IS EXCELLENT AT PAR THE STAFF IS QUITE INTELLIGENT HONEST HARDWORKING AND COOPERATIVE BANK KNOW THE GRASS ROOT PROBLEMS OF THE SOCIETY I FEEL PROUD TO BE PART OF STATE BANK OF INDIA I WORKED IN VARIOUS CAPACITIES DURING THE SERVICE LIKE BRANCH MANAGER MANGER ACCOUNTS MANGER ADVANCES MANGER GENERAL BANKING INCLUDING HANDLING OF CURRENCY CHEST AND ATM CHANNEL MANAGER
NOTHING I HAVE NO REASON TO DISLIKE STATE BANK OF INDIA
No doubt free transport is not provided to every employee but at higher level free transport along with driver facility is provided other employees are provided with petrol entitlement as per their status and post and ent free snacks , newspaper are also provided along with medical facilities