Training of 500 Probationary Officers of Allahabad Bank at Amity University
Updated on Dec 6, 2013 - 4:57 p.m. IST by Sreetama Datta
#Amity Business School, Noida
Applications Open Now
Jagan Institute of Management Studies- Rohini PGDM 2020
Apply
Asia Pacific Institute of Management
Apply

Amity University started three month “Training Programme” for 500 Probationary Officers (POs) of Allahabad Bank at Amity Campus, Sector- 44, Noida.

Amity University was selected by Allahabad Bank, to undertake the challenging task of designing, developing and delivering the training program through an intensive and competitive procedure as part of the MoU signed between them.

Amity University announces admissions for 2014. To apply Click Here

For the first time, a public sector bank has decided to organize a long, intensive and focused training program for such a large number of their new recruits. The Bank plans to employ around 1500 new POs in the current year to meet the HR requirements. The initiative taken by the CMD is to ensure that the young POs are professionally trained, through the first 3 months of their career, in a manner that they are ready to effectively serve in the Branches right away.

The training program was inaugurated by Ms. Shubhalakshmi Panse -CMD, Allahabad Bank, Shri P S Bhatia GM – HR, Allahabad Bank and Dr. Ashok K Chauhan- Founder President, Amity Group.

Mr. K S Bains (a retired IAS officer and a Padma Shree Awardee) Advisor, AITD - said that it is for the first time that a Bank has thought of imparting such a comprehensive training to the new recruits in his welcome speech. He lauded the initiative and decision taken by the CMD of Allahabad Bank and expressed that the training programme would initiate long interaction and association of Amity with Allahabad Bank.

Ms. Shubhalakshmi Panse -CMD, Allahabad Bank while sharing her enthusiasm for the occasion said, “Banking industry plays a vital role in economy of the country. India has a robust and stable banking system as a result of which no big bank goes down in India. In India, Private and Foreign Banks contribute 30% to the economy of the country, rest 70% contribution is by Public Sector Banks.”

Ms Panse shared the information that after nationalization, there was a huge expansion in the banking sector, which led to the massive hiring in the sector. From 1984-1997, there was a complete embargo in the recruitment in the Banking sector. Subsequently, there became two factions in the banks- one of the old and experienced employees who are not tech savvy and other of young employees who are tech savvy but are tad little on the experience.

She remarked that the present training of POs is a step taken to seamlessly integrate the young POs with their seniors in the Banks. She also revealed that in 2017-18, Allahabad Banks would see massive retirement and there would not be many senior persons left to share the expertise and train the young blood.

The Promotion system has been compressed at Allahabad Banks and anybody can become General Manager at the age of 41-45 said Ms. Panse. At the same time, she reminded the POs of the great responsibility that would come as a result of compressed Promotion system; they would get less time for maturing as banker and they have to slog and gain that experience in 2-3 years which their seniors did in 7-8 years.

Talking about the relevance of Training Programme and choosing Amity for the same, Ms. Shubhalakshmi Panse remarked that Allahabad Bank has planned an upward growth trajectory; Bank has planned to achieve Rs. 3,60,000 crore of total Business by 31st March, 2014, for which the Bank is planning to hire and induct scores of new people into the system.

While delivering her speech she also mentioned that, to provide training to such a large number of POs in in-house training centres is not possible and Amity has requisite infrastructure, trained manpower to deliver the same in the best possible manner. She, further, shared that during the 3 months of training, POs, who are generally from diverse backgrounds, will be taught the nitty- gritty of the Banking including the use of CBS software, mobile banking, payment and settlement. The training would groom them to take over their outlined roles and responsibilities in the respective branches.

Ms. Panse encouraged the new recruits to be ethical and restrain from taking short cuts since in the long run, it is their character and innate values which will make or mar their future. She stressed that one factor that Allahabad Bank looks forward to in all the potential employees is “Loyalty”.

Addressing the gathering, Dr. Ashok K Chauhan- Founder President, Amity Group congratulated the young POs and assured them that Amity would groom them to become successful professionals and good human beings, who will change the Banking scenario of the country. He gave them the mantra of ‘BHAAG” where “B” stands for Behavioural Science, “H” stands for Hard work, “A” stands for Attitude, another “A” stands for Ambition and “G” stands for God. Dr. Chauhan convinced them that if they follow “BHAAG” in their life, they will never be left behind in their lives.

The first phase of the programme would include various modules to the POs that would include a mix of soft skills and technical skills such as “Legacy of India’s Banking Industry”, “Regulatory Framework”, “Customer Relations”, and “Banking Operations”, “IT based Core Banking Solution (CBS)”, “Team Building, Motivation & Leadership”, “Customer Relations & Management and Customer Service.

Applications Open Now

Great Lakes- PGDM & PGDM App. Deadline 25  Feb'20
Great Lakes- PGDM & PGDM App....
Apply
ITM Business School
ITM Business School
Apply
NMIMS NPAT 2020
NMIMS NPAT 2020
Apply
UPES - School of Business
UPES - School of Business
Apply
Jaipuria Institute of Management- PGDM 2020
Jaipuria Institute of Managem...
Apply
Birla Global University
Birla Global University
Apply
SOIL Institute of Management  PGPM Admissions
SOIL Institute of Management ...
Apply
View All Application Forms

More like Amity Business School, Noida

Questions related to Amity Business School, Noida

Showing 94 out of 94 Questions
9 Views

I have 77 percentile in jee mains 2020 in January from obc category can I get direct admission in amity university any campus (dont send college predictor)

Vishal Gupta 17th Feb, 2020

Hello dear ,

I think based on your score you can get direct admission in Amity noida but getting CS may in main campus will be bit difficult but you will get it at last . According to my opinion if you are choosing Amity so go for main campus only as it is only good other ones are just taking money . Amity noida  sec-125 is the only best.

3 Views

can i get admission into amity noida through my 12 th grade marks?

Papeya Dubey Student Expert 12th Feb, 2020

Hello,

I presume you're asking about Amity Business School, Noida as you've tagged it. It offers only postgraduate programs such as MBA and Executive MBA. Admission to both these courses are done through scores of various entrance test such as CAT,MAT, NMAT.

No undergraduate course is offered here, so getting admission based on 12th mark just doesn't arise.You need to have at least passed graduation in any discipline with 50% aggregate in order to pursue the offered course.

3 Views

Should I go for Amity University, Noida for BTech in Computer Science? Which will be better Jaypee institute of information technology, Noida or Amity Noida.

Manidipa Kundu Student Expert 10th Feb, 2020

hi,

see both of the college is excellent in terms of placement, infrastructure, has experienced faculty, well equipped lab and facility for students. now as per last years placement record amity the higest package offers in amity is 14 lakhs, average  packages offers is 5.6 lakhs, where in jaypee higest package was 19 lpa, mediun package was 9 lakhs.  so I would place jaypee over amity.

hope it would help.

4 Views

hostel of amity university mumai

Indrajit Gupta 7th Feb, 2020

Hello pritha,

Amity university,mumbai is one of the best private university.It is approved by UGC. They provide Hostel facilities for boys as well as girls. The well-appointed rooms are well lit and well ventilated, with geysers in every bathroom and TV set in the common room for entertainment. Each student is provided with a separate bed, mattress, pillow, pillow covers and sheets, cupboards and study table with chair. To make the environment safe, healthy and more conducive to study, the university ensures 24-hour water supply and power supply, tight security with surveillance cameras and 24X7 security guards. They provide 24 hours medical service is also available for any medical need.

https://www.careers360.com/university/amity-university-mumbai#2

I hope this helpful for you.

Best wishes!!

19 Views

I got 88 percentile in jee mains should i go to Amity University or will i get a better college .I belong to obc

Yash Dev Student Expert 6th Feb, 2020
Hello student student with this percentile you can get easily in amity University.
Student securing 80%+ agg. in Class XII (CBSE/ISC/State-Boards of 2019/2020) are exempted from selection process. Selection will be only on the basis of Amity Application Form.

But still you need to apply separately for Amity
Please visit the link mentioned below and apply for it.
https://www.amity.edu/apply-now.aspx?1=1

Feel free to comment if you have any doubt
Good luck
Top
The question have been saved in answer later, you can access it from your profile anytime. Access now

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

Careers360 App
150M+ Students
24,000+ Colleges
500+ Exams
1500+ E-books