Answer / anuradha

hello all
even i am qualified for giving an interview for SBI clerk
post on 21th oct 2008....
but i am very tensed...those people who r giving the
interview before 21st oct could please share their
experience ???
n how many applicants have they invited for the
interview..????
n when will b the joining date (obviously if selected )..

Answer / shruti

hello buddies..


Congratulations to all!!!

i hope we would wish each other the same way after
interview...i know its quite hard to get through an
interview...whether its the first one or the the 10th
one...our tummy growls the same way every time... but the
only thing that would help us at that time would be our
peace of mind...i ain't any interview expert but do know
that every interviewer seeks a few things in a capable
candidate...n its is termed as

KIPS...Knowledge, Information, Potential and Sincerity...

So just try to inculcate theses things in yourself n assure
the interviewer that you the BEST candidate he interviewed
so far...n yeah try to give each n every answer in a
positive manner...whatever may happen...if ya don't know the
answer of a particular question then rather than saying
no...just try to give the best possible answer but don't say
absurd...n do take care of your body language as all the
interviewers now a days observe the candidate , his
gestures, his behavior his ability to work under pressure
...so they might ask some stupid questions....

be spontaneous

keeping the eye contact n

with a smile ...

answer all of the questions with confidence... and i guess
the very first question by any interviewer would be "Tell me
about yourself"... so better be confident in narrating your
achievements rather than being boastful...


rest i know you would forget every single thing the moment
ya step into the interview room... Just take a chill pill
before that ...n make them say..."Yahi hai right choice
baby...AHA!!!


n if ya got a cooler approah to interview then lemme know at
ankahee2007@yahoo.com

n yeah by the way, i have my interview on Oct 22... so be in
touch to share knowledge n information

good luck to all folks.

Answer / anil

hi ,
Anil again. Heatal i think Mr. bhatt is the chairman
of sbi.

Answer / hetal

i too have interview on 18.10.2008 please before me any1
give interview share your ideas

Answer / shruti

hi again ...

yeah you are right Akanshita, these questions are quite
important..

well CRR at present is 9%

SLR=25%

Repo Rate= 9%

when did they change i dont know myself...

and in august.. govt has approved the merging of SBS(Satet
bank of Saurashtra ) with SBI.. though Satate bank
subsidiary act is to be passed for that ...this merger was
proposed last year in august...n state bank of mysore is
the next one in the list...

Associative baks like State bank of patiala n hydrabad wont
be merged at all coz of there strong legacy in their
regions.

rest will post laters...

got work...lol...

catch ya laters friends....

Answer / akanshita

ya........
chairman of sbi is o.p bhatt......
nd who is d governer of RBI?????????

Answer / pankaj

1. What is Repo Rate?
Ans:- Whenever the banks have any shortage of funds they can
borrow it from RBI. Repo rate is the rate at which our banks
borrow rupees from RBI. A reduction in the repo rate will
help banks to get money at a cheaper rate. When the repo
rate increases borrowing from RBI becomes more expensive.

2. What is Cash Reverse Ratio?
Ans:- Cash reserve Ratio (CRR) is the amount of funds that
the banks have to keep with RBI. If RBI decides to increase
the percent of this, the available amount with the banks
comes down. RBI is using this method (increase of CRR rate),
to drain out the excessive money from the banks.

3. What is Reverse Repo rate?
Ans:- Reverse Repo rate is the rate at which Reserve Bank of
India (RBI) borrows money from banks. Banks are always happy
to lend money to RBI since their money are in safe hands
with a good interest. An increase in Reverse repo rate can
cause the banks to transfer more funds to RBI due to this
attractive interest rates. It can cause the money to be
drawn out of the banking system.
Due to this fine tuning of RBI using its tools of CRR, Bank
Rate, Repo Rate and Reverse Repo rate our banks adjust their
lending or investment rates for common man.

4. What is Inflation?
Ans:- Inflation is defined as an increase in the price of
bunch of Goods and services that projects the Indian
economy. An increase in inflation figures occurs when there
is an increase in the average level of prices in Goods and
services. Inflation happens when there are less Goods and
more buyers, this will result in increase in the price of
Goods, since there is more demand and less supply of the goods.



5. What is a Bank Rate?
Ans:- Bank rate is the rate at which RBI gives to the
commercial banks. Whenever RBI increases its rates, the
effect will be shown on the commercial banks. In this case,
the commercial banks have to increase the interest rates for
their profits.

6. What is Globalization?
Ans:- Globalization (or globalisation) in its literal sense
is the process or transformation of local or regional
phenomena into global ones. It can be described as a process
by which the people of the world are unified into a single
society and function together. This process is a combination
of economic, technological, sociocultural and political
forces. Globalization is often used to refer to economic
globalization, that is, integration of national economies
into the international economy through trade, foreign direct
investment, capital flows, migration, and the spread of
technology.

7. What is Non-Performing Asset?
Ans:- A debt obligation where the borrower has not paid any
previously agreed upon interest and principal repayments to
the designated lender for an extended period of time. The
nonperforming asset is therefore not yielding any income to
the lender in the form of principal and interest payments.
For example, a mortgage in default would be considered
non-performing. After a prolonged period of non-payment, the
lender will force the borrower to liquidate any assets that
were pledged as part of the debt agreement. If no assets
were pledged, the lenders might write-off the asset as a bad
debt and then sell it at a discount to a collections agency.
Any asset that is not effectively producing income. Notes:
For example, an overdue loan would be considered non-performing.

RBI :-
The Reserve Bank of India (RBI, Hindi: ) is
the central bank of India, and was established on April 1,
1935 in accordance with the provisions of the Reserve Bank
of India Act, 1934. The Central Office of the Reserve Bank
was initially established in Calcutta but was permanently
moved to Mumbai in 1937. Though originally privately owned,
RBI has been fully owned by the Government of India since
nationalization in 1949.
Duvvuri Subbarao who succeeded Y. Venugopal Reddy on
September 2, 2008 is the current Governor of RBI.
Current
Bank Rate 6.0%.
Repo Rate 9.00%.
Reverse Repo Rate 155.00.
Cash Reserve Ratio 9.0%.
Statutory Liquidity Ratio 25.0%.


SBI:- Chairman [Om Prakash Bhatt]

State Bank of India (SBI) (LSE: SBID) is the largest bank in
India. It is also, measured by the number of branch offices
and employees, the largest bank in the world. Established in
1806 as Bank of Bengal, it remains the oldest commercial
bank in the Indian Subcontinent. It provides a range of
banking products through its vast network in India and
overseas, including products aimed at NRIs. With an asset
base of $126 billion and its reach, it is a regional banking
behemoth. The Government of India nationalised SBI in 1955
with the Reserve Bank of India having a 60% stake. SBI has
laid emphasis on reducing the huge manpower through Golden
handshake schemes and computerizing its operations.

History
The roots of the State Bank of India rest in the first
decade of 19th century, when the Bank of Calcutta, later
renamed the Bank of Bengal, was established on 2nd June
1806. The Bank of Bengal and two other Presidency banks,
namely, the Bank of Bombay (incorporated on 15 April 1840)
and the Bank of Madras (incorporated on 1st July 1843). All
three Presidency banks were incorporated as joint stock
companies, and were the result of the royal charters. These
three banks received the exclusive right to issue paper
currency in 1861 with the Paper Currency Act, a right they
retained until the formation of the Reserve Bank of India.
The Presidency banks amalgamated on 27th January 1921, and
the reorganized banking entity took as its name Imperial
Bank of India. The Imperial Bank of India continued to
remain a joint stock company.
Pursuant to the provisions of the State Bank of India Act
(1955), the Reserve Bank of India, which is India's central
bank, acquired a controlling interest in the Imperial Bank
of India. On 30th April 1955 the Imperial Bank of India
became the State Bank of India.
In 1959 the Government passed the State Bank of India
(Subsidiary Banks) Act, enabling the State Bank of India to
take over eight former State-associated banks as its
subsidiaries. On Sept 13, 2008, State Bank of Saurashtra,
one of its Associate Banks, merged with State Bank of India.
Associate banks
There are six associate banks that fall under SBI, and
together these seven banks constitute the State Bank Group.
All use the same logo of a blue keyhole and all the
associates use the "State Bank of" name followed by the
regional headquarters' name. Originally, the then seven
banks that became the associate banks belonged to princely
states until the government nationalized them in 1959. In
tune with the first Five Year Plan, emphasizing the
development of rural India, the government integrated these
banks into State Bank of India to expand its rural outreach.
There has been a proposal to merge all the associate banks
into SBI to create a "mega bank" and streamline operations.
The first step along these lines occured in September 2008
when State Bank of Saurastra merged with State Bank of India.
• State Bank of Indore
• State Bank of Bikaner & Jaipur
• State Bank of Hyderabad
• State Bank of Mysore
• State Bank of Patiala
• State Bank of Travancore
What is Mutual Fund?
A mutual fund is a professionally managed type of collective
investments that pools money from many investors and invests
it in stocks, bonds, short-term money market instruments,
and/or other securities.
http://en.wikipedia.org/wiki/Banking_in_India

Answer / anil

hi,
anil after a long gap!!!

1st thng as u can know from the
question asked this belongs to
clerical related issues . so, plz i
request p.o guys to create one page
for thm.....i thnk couple of pages
already exist.
coz thr r lot of mobile net users,
hard to swap questions.

people plz think twice before u
attend an interview next time ,whthr
to join the job r not....bcoz i see a lot
of guys are not intersted to takeup
the job if thy r selected ....i think by
doing so we r taking opportunities
frm those candidates who r
unemployed n desprate to do this job
. so all u educated people out there ..
.think once before u attend
interviews just for experience. i need
some kindaa feedback plz.....

Answer / sud

hey man ravi

dont break any rumor

on 30 the day was sunday and sunday all offices are

shut closed.

if u r telling false then tell some false things with
atleast some base.

Answer / anil kumar.

hi anil again,

General Guidelines in Answering Interview
Questions


Q1 Tell me about yourself.
Q2 What are your greatest strengths?
Q3 What are your greatest weaknesses?
Q4 Tell me about something you did – or failed to do –
that you now feel a little ashamed of.
Q5 Why should I hire you?
Q6 Aren’t you overqualified for this position?
Q7 Where do you see yourself five years from now?
Q8 Describe your ideal company, location and job.
Q9 Why do you want to work at our company?
Q10 What are your career options right now?
Q11 Why have you been out of work so long?
Q12 Would you lie for the company?
Q13 Looking back, what would you do differently in your
life?
Q14 Can you work under pressure?
Q15 What makes you angry?
Q16 Why aren’t you earning more money at this stage of
your career?
Q17 Who has inspired you in your life and why?
Q18 Are you willing to relocate or travel?
Q19 What are your goals?
Q20 Tell me something negative you’ve heard about our
company…


And my doubts r :


1) Can we go in formals with out tuck in(IN Shirt).
2) When will we know whtr we are selected r not(days)?
3) What r the complete No-NO in intrviews.
4) What will b the best answer if we have a gap in
education career.
5) Shld we take all the orginal certificates r xerox
will do?


dimpu_100@yahoo.com

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