Training of 500 Probationary Officers of Allahabad Bank at Amity University
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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.

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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.

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Questions related to Amity Business School, Noida

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11 Views

Is Amity college , jaipur is suitable for BA hons in economics ?

Sonali Sahu Student Expert 2nd Nov, 2019

Hello,

Yes you can join the college for BA Hons in economics.  The program code is :- 12182. it is 3 years duration course and you can do it in Amity School of liberal Arts,Jaipur. It comes under Amity University Rajasthan.

Eligibiliity criteria is :- 10+2 (min 55%) with Maths/Eco (min. 55%)

For syllabus you can visit the site:- https://www.amity.edu/jaipur/ba-hons-economics

About suitablity, yes it is suitable. there are many good reviews for facilities and faculties. you can get any help you want from  the faculties. more over you have access to many other extra research works too for which it will increase many scope.

Hope it helps!

46 Views

Which colleges offer MBA (Retail Management) other than Amity and Birla..having reasonable fee structure?

Ankita Behera 1st Nov, 2019

Hi,

College like BIMTECH, WeSchool, Jaipur institute of management, Welingkar institute of management etc provide courses in retail management.

BIMTECH has a fee structure of 8.5lakhs for merit based students and 15 lakhs for nri.

With the growth in economy, the scope for retail managemnet is also increasing.


For more details you can visit the lonk:

https://bschool.careers360.com/articles/mba-in-retail-management


All the best

3 Views

do i need to have maths if i want to take admission in amity noida in btech biotechnology?

Apoorva Student Expert 19th Oct, 2019

Hello dear student,

Dear student as you asked if you need to have maths to get admission in this college for the course b tech biotechnology so let me clear your doubt you don't need to have maths I want to take admission in amity Noida for this course. But you should must have percentage above 60 then you are eligible to get admission in this college under non sponsored category. Otherwise you will be categorised into sponsored Category and you have to pay more fees than usual. I hope this was helpful to you

Best wishes

5 Views

In Amity noida can i get the admission, fees, hostel fesility for students in bsc forensic science. is there safe for girls

Apoorva Student Expert 19th Oct, 2019

Hello dear student,

As said you want to take admission in amity Noida don't be worried it is a very safe campus with lots off rules and regulations. And it's completely safe for the girls . As the fees of the course is 60,000 per semester. And your student there is no mess facility available in this university that is you have to pay for your own food. Hostel fees do not include mess charges. Divided into two categories AC and non AC you have to pay fees for the hostel semester . I hope This was helpful

Best wishes

11 Views

what is the cut off for interior design in amity gurgoan??

Apoorva Student Expert 16th Oct, 2019

Hello dear student,

If you want to take admission in amity University Gurgaon then you have to write please fill the form which is application form to get admission you can fill the application or registration form online or offline. To fill online form that you can fill on their website while offline form can be filled by visiting university . Then they take a test (English based ) and after this they take a walk in interview on that basis you get selected. There is no cut off as such . I hope this was helpful to you

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