Financial Inclusion Coordinator Jobs in Central Bank of India

Central Bank of India

RECRUITMENT & PROMOTION DIVISION, HUMAN RESOURCES DEPT.

CENTRAL OFFICE, MUMBAI

Recruitment of Retired Officers on contractual basis to monitor & impart training to field functionaries in respect of Financial Inclusion (2010- 11.

IMPORTANT: LAST DATE OF RECEIPT OF APPLICATIONS – 11.04.2011

The details are given below:

1. Name of the Post : Financial Inclusion Coordinator

2. No. of Posts : 64

3. Age :Maximum age should not exceed 65 years ( As on 31.01.2011)

4. Experience : Candidates having following experience can apply for the post:

 Retired employees or VRS optee of Nationalised Bank with unblemished record.

 Should have worked for 5 years as Rural Branch.

 Should have retired from Scale-III or above.

 Should be resident of same district or near by district.

 Should be able to speak and write local/regional language.

Selection Procedure :

The eligible candidates shall be called for personal interview and the decision of the bank in this regard shall be final.

Submission of Application:

Eligible candidates have to submit their applications in the given format (Annexure A). Last date for receipt of application is 11.04.2011. No applications shall be entertained beyond the stipulated date. Incomplete applications will be rejected. Completed application should be sent in a closed envelope, Super scribing “Application for the post of Financial Inclusion Coordinator”

To,

General Manager- HRD,

Central Bank of India,

Chander Mukhi, 17th floor,

Nariman Point

Mumbai- 400 021

Application Fee:

Non refundable Application fee is Rs.1000/- payable for each post separately by way of Demand Draft drawn on any Nationalized/Scheduled Bank drawn in favour of “Central Bank of India- Recruitment of Retired Officers for F.I.” and payable at Mumbai .Fees once deposited will not be refunded.

For details visit:
https://www.centralbankofindia.co.in/upload/Adv_FI.pdf

About Central Bank of India

Central Bank of India, a government-owned bank, is one of the oldest and largest commercial banks in India based in Mumbai. The bank currently has 3,563 branches and 270 extension counters across 27 Indian states.

Central bank of India is one of 18 Public Sector banks in India to get recapitalisation finance from the government over the next 24 months. The infusion of fund will improve the financial health of the banks as their capital adequacy ratio (CAR) will be raised more than desired level of 12 percent. The increase in CAR of the banks will also enable them to lend more money. The CAR of Central Bank of India was less than 12 percent as on 30 June 2006.

The wholly-owned public sector bank, based in Mumbai, will convert an amount of Rs. 800 crore out of its Rs. 1,124.14-crore total equity capital into perpetual non-cumulative preference shares.The preference shares would carry an annual floating coupon rate of eight per cent, which would be benchmarked to 100 basis points above the repo rate. It will shore up the balance-sheet of the bank and enable it to raise capital from the markets.

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