Here is good news to all the aspirants who are aiming to join Indian banking systems,the Indian Government is planning to strengthen the banking system!!

Aspirants who are targeting solely on banking exams 2019 or considering it alongside IAS exam preparation or civil services preparation here is a golden opportunity for you.

On 11th November, Sunday, during the video conference at the centenary celebration of Union Bank of India, Finance Minister Mr. Arun Jaitley expressed that the Indian government’s immediate target is to strengthen the banking system.

The Finance Minister emphasized the importance of banking systems by addressing‘banking as the backbone of Indian economy’.

In the conference, he brought up the ‘Indradhanush Plan’ which has aided the Public Sector Banks (PSBs) with the recapitalization by infusing 75 thousand crore Rupees and more than two lakh rupees in two installments in the last four years.

The recapitalization of Public Sector Banks will improve its lending capacities, so the banking system is strengthened. People who really need credits from any sector can access it easily.

In the Indradhanush Plan apart from the recapitalization other actions are to set up Bank Board Bureau,De-stressing PSBs, increasing the appointments, Empowerment and more.

With Indian government targeting this initiative, a significant increase in vacancies of bank exams 2018 and a huge increase in vacancies of bank exams 2019 can be expected.