Credit Officer

Central Bank of India Credit Officer Scale II: 2023

Published on

Tuesday, October 31, 2023 Particulars Date Commencement date of on-line application 28th October 2023 Last Date of the online application 19th November 2023 Date of Online Examination 3rd/4th Week of December 2023 Number of Vacancies

Post / s Maximum Age as on 30.09.2023 Total 33 years 50 Relaxation in Age Limit

Category Age Relaxation Scheduled Caste/ scheduled Tribe Candidates By 5 years Other Backward classes (OBC) Candidates (Non-Creamy layer) By 3 years Children/Family member of those who died in the 1984 riots By 5 years PWBD By 10 years Ex-servicemen/Commissioned officers including ECOs/ SSCOs who have rendered at last 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within 12 months from the date of application) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment, subject to ceiling as per government guildlines. By 5 years Note: The Maximum age limit of other Backward classes candidates is applicable to General Category. Qualification (As on 30.09.2023)

Posts Qualifications Graduation with full time MBA/MMS(Finance)/ Full time PGDBM (Banking & Finance) With aggregate Of

60% Marks

From AICTE / UGC approved University/college. (55% for SC/ST/OBC/PWBD) Or A pass in final examination of the Institute of Chartered Accountants of India (ICAI). Experience (As on 30.09.2023)

For CA Candidates

– Nil For MBA/MMS (Finance)/ PGDBM (Banking & Finance) candidates

– Minimum 3 years’ post qualification experience as an officer in a PSB/Private Bank/ PSU. (Candidates from NBFCs/RRBs/ Cooperative Banks/ Insurance sector either regular or part time shall not be eligible) Scale 2 years Selection Procedure

Selection will be through on-line written test and personal interview. Merely satisfying the eligibility norms does not entitled a candidate to be called for Test or Interview.

Online Examination (Exam pattern) Name of section No. of questions Time allotted Stream / category Specific Questions 60 Composite time of 60 minutes 20 20 Total 100 The test will be available bilingually, i.e. English and Hindi. All questions will be objective type with Five options. There will be penalty for wrong answers marked in Online Test. For each question for which a wrong answers has been given by the candidate one fourth Or 0.25 of the marks assigned to that question will be deducted as penalty to arrive at corrected score. Stream/Category Specific Questions

Module A

Important Dates

Particulars Date Commencement date of on-line application 28th October 2023 Last Date of the online application 19th November 2023 Date of Online Examination 3rd/4th Week of December 2023 Number of Vacancies

Post / s Maximum Age as on 30.09.2023 Total Credit Officer Scale II 33 years 50 Relaxation in Age Limit

Category Age Relaxation Scheduled Caste/ scheduled Tribe Candidates By 5 years Other Backward classes (OBC) Candidates (Non-Creamy layer) By 3 years Children/Family member of those who died in the 1984 riots By 5 years PWBD By 10 years Ex-servicemen/Commissioned officers including ECOs/ SSCOs who have rendered at last 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within 12 months from the date of application) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment, subject to ceiling as per government guildlines. By 5 years Note: The Maximum age limit of other Backward classes candidates is applicable to General Category. Qualification (As on 30.09.2023)

Posts Qualifications Credit Officer Scale II Graduation with full time MBA/MMS(Finance)/ Full time PGDBM (Banking & Finance) With aggregate Of

60% Marks

From AICTE / UGC approved University/college. (55% for SC/ST/OBC/PWBD) Or A pass in final examination of the Institute of Chartered Accountants of India (ICAI). Experience (As on 30.09.2023)

Credit Officer Scale II For CA Candidates

– Nil For MBA/MMS (Finance)/ PGDBM (Banking & Finance) candidates

– Minimum 3 years’ post qualification experience as an officer in a PSB/Private Bank/ PSU. (Candidates from NBFCs/RRBs/ Cooperative Banks/ Insurance sector either regular or part time shall not be eligible) Probation Period

Scale Probation Period Scale II 2 years Selection Procedure

Selection will be through on-line written test and personal interview. Merely satisfying the eligibility norms does not entitled a candidate to be called for Test or Interview.

Online Examination (Exam pattern) Name of section No. of questions Time allotted Stream / category Specific Questions 60 Composite time of 60 minutes Computer Knowledge 20 Banking, Present Economic Scenario & General Awareness 20 Total 100 The test will be available bilingually, i.e. English and Hindi. All questions will be objective type with Five options. There will be penalty for wrong answers marked in Online Test. For each question for which a wrong answers has been given by the candidate one fourth Or 0.25 of the marks assigned to that question will be deducted as penalty to arrive at corrected score. Syllabus

Stream/Category Specific Questions

Module A

Overview of Credit

Principles of lending Credit policy Types of borrowers & types of credit facilities Credit delivery Credit Appraisal Credit rating Module B

Analysis of Financial Statements

Basics of Financial statements Ratio analysis Cash flow statement Fund flow statement Project appraisal Working capital management Module C

Financial management

Indian Financial System Regulatory bodies in India Money market and Capital market instruments Time value of money Basics of derivatives Leverages Capital budgeting Module D

Other credits

Export finance Priority sector lending Non-fund based Credit Facilities Government sponsored schemes Retail loans Module E

Management of Impaired assets

Documentation IRAC norms Types of charges Management of impaired assets IBC 2016 SARFAESI ACT Module F

RBI circulars and related laws

RBI circulars (1 year) Companies act Contract act 1872 Banking regulation 1949 RBI act 1934 Negotiable instruments act 1881 Payment and settlement act 2007 Computer Knowledge

Hardware and Software Operating System Basics Internet Terms and Services MS-Office (MS-Word, MS-Excel, MS-PowerPoint) History of Computers Networking and Communication Database Security Tools and Viruses Banking Present Economic Scenario General Awareness

Banking Reforms Regulatory Bodies in India- NABARD, SEBI etc. International Banking Latest circulars of RBI and SEBI Latest Updates in Financial & Capital Markets Financial Terms Banking Terms Latest Acts related to Banking Priority Sector Lending NPA - latest news SARFAESI Act RBI Monetary Policy Capital & Money Market Instrument Commercial Banks, NBFCs, HFC - Latest news Mergers and Acquisitions in Banking Companies Credit Rating and Agencies Payment Options- NEFT, RTGS, Bharat Bill payment etc. Complete List of Obituaries Recently Appointed Brand Ambassadors List Monthly GK Digests Ministry of Cabinet Ministers Renamed Govt. Schemes, Cities, Airports & Railway Stations Indian Financial System Financial market instruments International reports and indices Important committees Foreign investment and trade Growth numbers by various organization Union budget Latest mergers and MOUs of banks and financial institutions Heads of various financial organizations Mutual Funds Basel Norms Regulatory organizations: SEBI/NABARD/RBI Joint Military Exercises of India List of Summits and Conferences India's Rankings in Different Indices List of Appointments List of Important Days With Themes List of MoUs signed by India Upcoming Sports Event From List of Sports Events & Winners Awards and Honours >>>>Join Here Hey I am Ramandeep Singh. I am determined to help students preparing for RBI, SEBI, NABARD and IBPS exams. Do you want me to help you ?

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