Why Do You Want to Work in Central Bank:
Due to the importance and reputation of the Central Bank Job, it is considered one of the most prestigious jobs in the banking sector of the country. After passing this examination, you become a central banker. There are several benefits to work in Central bank such as following:
1. You are an employee of Central Bank:
This is the most important fact about this job because you have gone far ahead of your finance associates. You are part of an organization that makes rules and the country's entire banking industry adheres to it. What else can you expect from your decision that such a major impact on such an important area of the country?
2. Good salary and allowance:
You demand anything and Central Bank gives it to you. You will get various facilities such as festival allowance, grade allowance, book grant, transport allowance, suitcase allowance, loans at concessional rates, etc. with an initial salary of monthly.
3. Your appointment will be only in the urban area:
This is because the central bank offices are in the state capitals and metros. You will be provided with accommodation by the RBI in the posh area of the city. If you are a metropolitan lifestyle then the job of RBI is best for you.
4. Career Development:
If you want to continue your studies after getting a job and want to earn a degree, then the job of the Central Bank is for you. You can take study leave and can also sponsor a bank-sponsored course. After completing such a course, you can get an opportunity to play a high role in the organization. It is also right to state that you can get deputation on the basis of your knowledge and performance in organizations such as the World Bank, IMF, and the World Economic Forum.
The Negative side of this job:
Due to the advantages and facilities, in the beginning, it seems that there is no dark side to this job but it is not so. There are also some dark sides to this job:
1. Excessive bureaucracy:
This is not unexpected because the central bank is a government organization but the central bank is expected to keep the work done in the way of doing the work. However, this is not a case because the bureaucracy is very much in the central bank and the things go with the slow pace.
2. The path of promotion is not easy:
In the central bank, you will not get good promotion opportunities compared to other commercial banks. Although after three or five years you will be eligible for promotion, due to the low number of seats, it will be really impossible to get promotions in your first or second attempt.
3. Flexibility is a major factor:
This is the only aspect that needs to be kept by the employees because every person here becomes extremely dull and careless. The reason is that there is no scope for performing extra credit for taking additional credit and not punishing such types of people.
Regardless of the shortcomings, Central bank job is one of the most prestigious jobs in the banking sector. Candidates choose this option to get a decent salary with a prestigious job and they get enough time to prepare for the exams. That's why it provides a great opportunity for you to work on a big stage and make your dream come true.
