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Shankar School For Banking

Shankar School for Banking is the sister-concern of the established UPSC coaching institute SHANKAR IAS ACADEMY, which has more than eight years of proven experience in successfully guiding scores of UPSC Civil Services Aspirants (IAS, IFS,IPS, etc.) and TNPSC Aspirants (Group I, Group II and Group IV). Started in 2010, the school for banking also has rich experience in mentoring and guiding students for various banking exams like IBPS, SBI, RBI, NABARD, etc.

The noteworthy strengths of Shankar School For Banking which clearly demarcates us from other institutes are:

  • Expert Faculty with enriched expertise in their subject matter
  • Concept-driven pedagogy which exposes students to all types of problems asked
  • Exhaustive materials continuously updated by the R&D centre at Anna Nagar
  • Expert guidance in 'General Awareness' will help students get exposed to various arena of General Knowledge. The strength in GK will differentiate our students from other aspiring candidates.
  • Continuous evaluation model through regular tests.

The invaluable support and training offered by the expert faculty at Shankar School for Banking will enable the students to enhance their potential and secure their dream job in the nationalized banks (government sector banks).

As per the standard structure of the Banking Exam, the class-room sessions will encompass the following modules:

  • General Knowledge / General Awareness
  • Quantitative Aptitude
  • Logical Reasoning
  • English Language Skills
  • Basic Computer Knowledge
  • Essay writing, Precis writing and Letter writing

The coaching comprises of simulated model tests in the lines of Bank Exams conducted by IBPS, SBI, etc.

The classroom lectures will also include sessions by banking industry professionals, where they will interact with the candidates and counsel them on the dynamics of the Banking industry.

Orientation for the Group Discussion and Personal Interview will be offered to those who qualify in the written test. Unlike other job interviews, the candidates here are tested on their updated knowledge of Indian Economy (Indian Banking in particular), besides their aptitude and attitude, during the interview conducted by the banks.

Last but not the least, the knowledge garnered by the students in the coaching classes will benefit them not only in the Banking Recruitment Exam, but also in many other competitive exams.


Indian Banking Industry has shown steady growth despite the global financial turmoil, due to the strong and disciplined Banking and Financial Systems that we have in place. The sector boasts an annual growth rate of over 51% since the year 2001. Studies indicate that the manpower requirements for banking industry in the next five years will be around 6 Lakhs.

Indian Banking Scenario

Regulation of banking system in India started with Banking Regulation Act, 1949. In 1969, 14 big private banks were nationalized bringing them under the ownership of government. Further, six more banks were nationalized in 1980. Of these 20 banks, one New Bank of India got merged in Punjab National Bank. Now in all there are 27 public sector banks in the country consisting of 19 nationalized banks and 8 banks from State Bank group (State Bank of India and its associates).

In the last two decades Public Sector Banks in India have witnessed a transition from traditional banking to modern technology driven banking. Exposure to competition has made these banks re-engineer and re-structure their processes, systems and product line.

Post nationalization, the focus was to expand in rural areas as well. Large number of people was recruited to man these newly opened branches. Expanded network gave a new identity to these banks and millions of new customers came to the fold of Banking. The focus of Banking has moved from class- banking to mass-banking.

Manpower requirements in Public Sector Banks

Public sector banks in India, currently, have strength of more than 7 lakh employees, of which a large chunk will retire in next few years. Hence, the banks are now on a recruiting spree, and that is obvious in the media and various vacancy announcements. This year alone, about 40,000 vacancies have been created in public sector banks due to retirements, resignations and expansion of business.

Why Banking Profession?

Banking is one of the most sought after career options in India. The attractive features of Banking jobs are

  • Job Security
  • Job satisfaction
  • Regular Promotions
  • Good perks and salary
  • Attractive Loan Facility for employees.

Job Profiles in Public Sector Banks

1. Officers' cadre:

Vacancies in officers' cadre in public sector banks are filled from within the organization either by direct recruitment or after promotion of clerks. Currently there is a huge requirement of manpower in officers' cadre in the public sector banks. Most of the vacancies for which recruitments are made are in Junior Management Graduate Scale I, which is the entry level position for joining a public sector bank as an officer. This entry level position is known as that of probationary officer or management trainee, which is equivalent to Assistant Manager grade.

Typical Career-Progression of Officers is as follows:

  • Junior Management Grade - Scale I : Officer
  • Middle Management Grade - Scale II : Manager
  • Middle Management Grade - Scale III : Senior Manager
  • Senior Management Grade - Scale IV : Chief Manager
  • Senior Management Grade - Scale V : Assistant General Manager
  • Top Management Grade - Scale VI : Deputy General Manager
  • Top Management Grade - Scale VII : General Manager

2. Clerical Positions:

Clerk is one of the most critical and responsible element of a Bank. Clerks are deployed at different counters of the banks e.g. savings, deposit, current deposit, term deposit, retail loans, cash credit, agricultural loans, credit cards, government business, cash receipt or payment etc. Maximum customer interface in banks occurs with the clerical staff.

Eligible candidates are asked to appear in a written examination. This written examination is objective in nature, which typically consists of four papers, viz.

  1. Test of reasoning ability and numerical aptitude
  2. Test of clerical aptitude
  3. Test of English language
  4. Test of General awareness

The shortlisted candidates are then called for an interview. The final merit list is drawn by adding up marks obtained by the candidate in the written test and interview.

3. Specialist Officers:

Due to the growing technological applications in Banking Services, the requirement of Specialist Officers is also on the rise. As the name suggests, these officers are functional experts in their fields, say, in IT, Finance, Electronics, etc. IBPS has been given the charge for the recruitment of these officers as well, along with PO and Clerical staff.

4. Grameen Bank officers:

With growing emphasis on the Rural Banking, there is huge manpower requirement for the Rural Banks. IBPS is entrusted to conduct common test for recruitment in these growing Grameen Banks.

Bank Examinations In India

  1. Common Written Examination (CWE) conducted by Institute of Banking Personnel Selection (IBPS): Probationary Officer/Management Trainee/Clerk/Specialist Officers in 19 Nationalized Banks.
  2. SBI and SBI Associated Bank Exams: Probationary Officer / Clerk
  3. Regional Rural Bank Exams (RRBs): now conducted by IBPS
  4. Private old Sector bank recruitments - KVB, TMB, Karnataka Bank, South Indian Bank, etc.

Apart these, RBI and NABARD also conduct their own Recruitment tests, which include Preliminary Test (Objective Type), Descriptive Test and Interview.

Typical structure of Bank Recruitment Test (Officers' level)

The recruitment of a Public Sector Bank is conducted by the IBPS along with the coordination of the concerned bank. Recruitment is typically conducted in two stages. First stage comprises of a Written Test which has the following modules:

  1. Reasoning
  2. Quantitative Aptitude
  3. General Knowledge
  4. English Language Skills
  5. Computer Skills
  6. Specialized Subject Skills (as applicable for Specialist Officers)
  7. Descriptive English Writing Skills

Once qualified in this test, the candidates are awarded with a qualification certificate-cum-score card. Thereafter, all the 19 Public Sector Banks (see the list below) individually publish their vacancies and accordingly ask those candidates to apply who score above a certain cut-off as decided by the bank. The shortlisted candidates are asked to come for interview, which is the second stage. Few banks also conduct Group Discussion along with interview. A final provisional merit list is produced by the banks thereafter considering grand total marks of Written Test and Group Discussion/Personal Interview test.

Public Sector Banks in India

  1. Punjab National Bank
  2. Bank of Baroda
  3. Bank of India
  4. Canara Bank
  5. Allahabad Bank
  6. Andhra Bank
  7. Bank of Maharashtra
  8. Central Bank of India
  9. Corporation Bank
  10. Dena Bank
  11. Indian Bank
  12. Indian Overseas Bank
  13. Oriental Bank of Commerce
  14. Punjab and Sind Bank
  15. Syndicate Bank
  16. UCO Bank
  17. United Bank of India
  18. Union Bank of India
  19. Vijaya Bank

State Bank of India and its associate banks

  1. State Bank of India
  2. State Bank of Indore
  3. State Bank of Hyderabad
  4. State Bank of Patiala
  5. State Bank of Mysore
  6. State Bank of Saurashtra
  7. State Bank of Bikaner and Jaipur
  8. State Bank of Travancore


Forty students were enrolled in the first year of the launch of Shankar School For Banking in mid 2011, of which several qualified in the written test and ten students are already provisionally recruited in various Banks as Probationary Officers, after the first IBPS held in September 2011.

Inspired by our expert sessions in UPSC/TNPSC, several candidates who initially joined for our Banking classes have later upgraded their candidature for either UPSC or TNPSC classes.

With newly reformed and strengthened pedagogy, the number of prospective bankers from Shankar School For Banking is now bound to increase manifold.

Important links

Admission For Banking


AP2241, II Floor, 4th Avenue,
12th Main Road, Anna Nagar,
Chennai - 600 040.
P - (+91) 44 26216435


No.6, 5th Floor, Sorrento Building,
L B Road, Adyar, Chennai - 600 020
Landmark : Standard Chartered Bank at Adyar Signal
M - (+91) 99621 45999, P - (+91) 44 24418886

For more details, please contact

Admission Policy

  • Admission process will be based on first come first serve basis.
  • Fees can be paid in cash or through Bank Draft in favour of "Shankar IAS Academy" payable at Chennai.
  • Three recent passport size photographs have to be submitted at the time of admission.
  • Please Note Fees once paid cannot be refunded under any circumstances. No request will be entertained in this regard.
  • If for any reason, the candidate discontinues the course, he/she will have no claim on refund of fees.