We at Kredent Academy, are very serious about the feedback we get from our students. Brilliant course design, talented and dedicated faculties, practical orientation, live market training have always got us lot of accolades. However, the biggest achievement is to get good feedback from those who matter the most - the students. Here, we are posting scanned copy of few out of hundreds of positive feedback forms. 

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Banks provide a wide range of job opportunities today. One will come across a bank in every town & district. Due to such opening of banks in such large numbers, there is a huge demand for the banking professionals. Due to such scenario a large number of people are applying for various posts in the public sector bank. Despite of emergence of many avenues, the post for Bank Probationary officer (PO) is of highest demand simply due to the attractive pay package, responsibilities taken up by a bank PO & also recognition in the society.

The Public and Private Sector banks are offering many Bank jobs in India. It is estimated that in the next three years as new branches of various banks are to be opened and lots of employees will retire in the next 2 years creating many more Bank jobs.

Bank PO Exam Preparation

This article has been written for my friends who really want to crack the Bank Probationary Officer Exams. It has been seen that most of the people/ organizations providing guidance for bank exams do not really understand the requirement of this exam as they have actually never appeared or succeeded in such types of exams and are providing guidance just for the sake of money. This was the primary reason for Kredent Academy to venture into Bank PO training via Career Skills

General Information about the Examination

The current growth in the Indian Banking Sector has created a unique opportunity for aspirants for a career in 19 Public Sector Banks through a Single Common Examination. A Common Written Examination (CWE) will be conducted by the Institute of Banking Personnel Selection (IBPS) as a pre-requisite for selection of personnel for Probationary Officer/ Management Trainee posts in the Public Sector Banks

This system of Common Examination for recruitment of Probationary Officers/ Management Trainees have been approved by each of the 19 participating Public Sector Banks and the Managing Committee of the Indian Banks’ Association (IBA) with the consent of the Government of India.

An individual who aspires to join any of the above Public Sector Banks as a Probationary Officer/ Management Trainee will necessarily be required to take the CWE. Prospective candidates who wish to appear for the CWE will have to apply to IBPS and should carefully read the advertisement regarding eligibility criteria, online registration process, pattern of examination, issuance of call letters and score cards.

The Reserve Bank of India (RBI) released its mid-quarter monetary policy review today where it decided a hike of 25 bps each in the repo and the reverse repo rate. The repo and the reverse repo rates after the hike stands at 7.50 percent and 6.50 percent respectively while the CRR (cash reserve ratio) and the SLR (statutory liquidity ratio) rates stand unchanged at 6 percent and 24 percent respectively. After hiking interest rates for the tenth time in 15 months, the central bank said it will continue with its tight monetary policy as inflation is spreading to the non-food segment also. Though the RBI has sought to maintain an interest rate environment that moderates inflation and checks inflationary expectations, the extent of policy action needs to balance the adverse movement in inflation with recent global developments and their key impact on the domestic growth trajectory. Based on the current and evolving growth and inflation scenario, the central bank will need to persist with its anti-inflationary stance of monetary policy. The Marginal Standing Facility (MSF) rate, determined with a spread of 100 basis points above the repo rate, gets calibrated at 8.50 percent.More...

The inflation index breached past the 9 percent mark on account of increasing prices of manufactured products. Without a diesel price revision and a softening in the global commodity prices, the index highlights the underlying inflationary pressure in the economy. State-run refiners raised petrol prices Rs 5 a litre last month, a record hike that has kept fuel inflation elevated so far.

The WPI for the month of May 2011 stood at 9.06 percent compared to 8.66 percent (revised) in the previous month and was higher than the market expectations of 8.68 percent. It stood at 10.48 percent during the corresponding month of the previous year. Build up inflation in the financial year so far was 1.47 percent compared to a build up of 2.05 percent in the corresponding period of the previous year More...

The IIP figure for the month of April 2011 registered a growth rate of 6.3 percent under the new series unveiled this month with the base year of 2004-05. The new series takes into account the item basket as per the more recent production behaviour and can be considered to be a much closer reflection of the present industrial scenario. Signs of a slowdown in the economy are clearly evident with the industrial production moderating. Though a high base effect has partially contributed to the weak numbers but there is no denial of a clear slowdown as the interest rate hike by the central bank to check high inflation has also shown its impact on the investment cycle. But the moderation is not expected to deter RBI from another round of interest rate hike in mid-June.

Under the old series the production grew at 4.4 percent compared to last month’s 7.8 percent (revised). It registered a growth of 8.2 percent in the corresponding month of the last year. More...

India’s GDP for the fourth quarter (January-March) of 2010-11 grew by 7.8 percent q-o-q compared to the previous quarter’s 8.3 percent (revised) due to poor performance of the manufacturing sector. The steady growth will give the RBI confidence to continue raising interest rates to rein in uncomfortably high inflation as the figures certainly confirm that the growth is still quite strong and self sustained and that the primary concern is to continue to fight inflation. But, the pace of growth might slow further in the coming quarters as the sustained monetary tightening is likely to crimp manufacturing activity but again farm output is expected to be strong on the back of normal monsoon rains and is likely to provide much needed support. More...

Overview- Company and business

Galaxy Surfactants Limited, incorporated in 1980, is into Personal Care Ingredients (“PCI”) manufacturing. The company is the leading manufacturer and marketer of Surfactants (A chemical agent reducing the surface tension). The first plant was set up in Tarapur in 1980. Currently the company have three operating plant at Tarapur and two continuous sulfonation and drying plant at Taloja where one unit is 100% export oriented. The product range are of vital cosmetic ingredients including active ingredients , UV protection and functional product which finds application in skin care, hair care, oral care, body wash, sun care, household cleaners and fabric care segments. The company have the portfolio of 66 products and with sales spread over 70 countries and over 1000 customers which include Ayur, CavinKare, Dabur, Emami, ITC, Marico, Procter & Gamble Home Products Limited to name a few. Internationally the company exports to over 70 countries. The company have a well-equipped R&D centre at Navi Mumbai and have 18 patents in India and 10 patents in USA. More...

The WPI for the month of April 2011 stood at 8.66 percent compared to 9.04 percent (revised) in the previous month and was almost close to market expectation of 8.50 percent. It stood at 10.88 percent during the corresponding month of the previous year. Build up inflation in the financial year so far was 1.34 percent compared to a build up of 1.76 percent in the corresponding period of the previous year.

The inflation index softened a bit in April, but this might prove to be a blip as the government aims to raise state-controlled prices of fuels such as diesel and cooking gas very soon. The index highlights persistent price pressures in the economy that are fuelling expectations of more monetary tightening by the RBI to rein in demand and cool inflationary expectations. Stronger-than-expected industrial output numbers last week might offer more room to the central bank room to raise rates without hurting economic growth. More...

Enter the exciting world of trading options and volatilities….

Inviting applications from experienced options traders for Options trading desk at Kredent Finance, Kolkata

Kredent Finance is one of the largest professional trading firms in Eastern India contributing significantly to market volumes. Our professional trading desk has access to all the asset classes available for trading in India and houses some of the best traders in this part of the country. We are direct clearing and trading members of the NSE, BSE, MCX-SX, MCX, NCDEX and ACE. Visit www.kredent.com for more details.

Position will be based out of Kolkata.

Incumbent should be experienced in trading options in either equities or currencies on Indian markets.

Please forward your resumes to career@kredent.com with the subject line “Options Trading”.