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Bank of India Credit Officer Scale II Recruitment 2024

Published on Monday, April 01, 2024
Bank of India has invites application from experienced professionals for the post of Credit Officers Scale II. Today we are providing a syllabus and exam pattern for the exam.

Important Dates

Particulars

Date 

Commencement date of on-line application

27.03.2024

Last Date of the online application

10.04.2024

Date of Online Examination

Tentaive

Number of Vacancies

Post / s

Minimum Age

Maximum Age (as on 01.02.2024)

Total Vacancies

Credit Officer Scale II

23

35

25

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

Persons with Benchmark Disabilities as defined under “The Rights of Persons with Disabilities Act, 2016”

By 10 years

Ex-Servicemen, Commissioned Officers, including Emergency Commissioned Officers (ECOs/Short Service Commissioned Officers (SSCOs) who have rendered at least 5 years military service and have been released on completion of assignment (Including those whose assignment is due to be completed within one year from the date of notification) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment.

By 5 years

Persons affected by 1984 riots

 By 5 years

Note: The maximum age limit specified in (II) above is applicable to General Category and EWS candidates.

Qualification & Experience (As on 01.02.2024)

Posts

Qualifications

Work Experience

Credit Officer Scale II A Degree (Graduation) in any discipline with minimum 60% marks alongwith “MBA/PGDBM/PGDM/PGBM/ PGDBA with specialization in Finance / Banking and Finance from institute of repute (two/three year programme)” / Post-graduation degree in Commerce/ Science /Economics
Or
CA / ICWA / CS
A certification in computer course for minimum three months OR Information Technology or related paper as one of the subjects at graduation level or afterwards, is a must
Minimum two years of experience as an Officer in any Public Sector Banks or in any Private sectors Banks having Business mix of Rs.1 Lakh crores as on 31.03.2023.

Security Deposit

Candidates selected on regular basis will be required to deposit a specified amount as security deposit refundable after 3 years of satisfactory service (the said amount shall be forfeited in case he/she leaves the Bank before completion of 3 years) as under: 

Officers in MMGS-II

Rs.2,00,000/-

Selection Procedure

Selection will be through online test and/or personal interview, depending on the number of applicants/eligible candidates. In case online test is conducted, the weightage (ratio) of Online Examination and interview will be 80:20. The combined final scores of candidates shall be arrived at on the basis of total scores obtained by the candidates in Online Examination (marks obtained in General Awareness with special reference to Banking Industry and Professional Knowledge paper) and Interview. A candidate should be found suitable both in the Online Examination and interview to be eligible for final selection.

Online Examination (Exam pattern)

Name of section

Maximum Marks

Duration

English Language

25

30 min

Professional Knowledge relevant to the post

100

60 min

General Awareness with special reference to Banking Industry

25

30 min

Total

150

120 Minutes

Note: The above tests except the Test of English Language will be available bilingually, i.e. English and Hindi. The test of English Language will be of qualifying nature i.e. Marks obtained in English Language will not be added while preparing merit list.
Penalty for Wrong Answers: There will be penalty for wrong answers marked in the Objective Tests. For each question for which a wrong answer has been given by the candidate one fourth of the marks assigned to that question will be deducted as penalty to arrive at corrected score. If a question is left blank, i.e. no answer is marked by the candidate; there will be no penalty for that question.

Interview

Merit list of the candidates based on the marks obtained by them in online examination (marks obtained in General Awareness with special reference to Banking Industry and Professional Knowledge paper) will be prepared in descending order for the respective categories i.e. SC/ST/OBC/EWS/GEN. Candidates securing the minimum qualifying marks stipulated for Online Tests and ranking sufficiently high in the order of merit shall be called for Personal interview. Mere passing in the Online Test shall not vest any right to a candidate for being called for Personal Interview. In case of equal marks by two or more candidates, the merit order of such group of candidates will be on the basis of Date of Birth i.e. Candidate senior in age will be placed higher in the merit List.

Syllabus

English Language

  • Reading Comprehensions
  • Para Jumbles
  • Vocabulary
  • Error Spotting
  • Cloze test

Professional Knowledge

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

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

Bank of India Credit Officer Scale II Course by Team BankExamsToday

Team BankExamsToday is offering is a full-fledged, comprehensive and systematic course for the preparation of Bank of India Credit Officer Scale II exams.
Course features
  • Daily video classes
  • Study Material
  • Live sessions
  • Unit tests
  • Special attention to Professional knowledge section from Day 1
  • 5 full-length mock tests 
  • Interview preparation guide

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