Corporation Bank Recruitment of PO Through IBPS CWE Scorecard and History of Corporation Bank

Corporation Bank has published the notification for Recruitment of Probationary Officers (PO) or Management Trainee with bank through IBPS CWE Weighted Scorecard. All the successful candidates of CWE who got the TWS of IBPS CWE Score of 151+ with Individual Sectional cutoff of 25.

General Eligibility Criteria of CWE Scorecard holder for Corporation Bank Recruitment.

Number of Vacancy :
For General : 194 (for PWD : 37)
For SC: 45
For ST: 23
For OBC: 93

Important Dates :
Date of Online Application : 03-01-2012 To 17-01-2012

IBPS CWE Scorecard:
For General : 151+
For Others : SC/ST : 126 , OBC : 141 , PWD : 106

Other than , It is essential for candidates to score minimum 25 marks in each section of Exam for General candidates and Minimum of 21 for Others

Degree Level : Min 55% Marks at degree level.

Application Fees :
For General category : Rs 200 , For Others : Rs 50 : Fees should be paid via bank challan or through NEFT Payment.

Selection Procedure:
All the candidates with CWE score of 151+ will be called for the Interview depends on the number of candidates available via merit ranking. There will be separate marks of interview which will be of 100 marks. Each candidates from general category to score minimum of 40 marks to qualify for interview (35 for others).

Based on the total marks scored in Interview and CWE score weighted, the final list will be declared for selection.

How To Apply:
Candidates need to apply online through Corporation Bank Website , Pay the fees through challan/ NEFT. Download the online application and fees challan, which will be essential documents, without this candidates will not be allowed for the Interview.



Download the Detail Application: Click Here
Download the Challan Form: Click Here

Download Important Questions With Answers: Click Here

Corporation Bank History
Download Full History (55 pages)

Corporation Bank is an Indian bank based in Mangalore, Karnataka. The bank was founded in the year 1906 at a town named Udupi in Karnataka with an investment of just Rs. 5000. A group of enthusiasts including Khan Bahadur Haji Abdulla Haji Kasim Saheb Bahadur were the founders of the bank. Interestingly, Udupi was not much far from Mangalore, and the banking needs of the people were being solely controlled by some local rich individuals. Hence, to find a way out of the existing monopoly of the money lenders, Corporation Bank was established with the initial name ‘The Canara Banking Corporation (Udupi) Ltd’.

Key Attributes
Corporation Bank has an array of awards and recognitions to its credit, including National Award for Assistance to Exporters from the President of India for the year 1976-77, Shiromani Award for Banking from Union Minister of Commerce in the year 1992, Best Bank Award for Excellence in Banking Technology from Institute for Development and Research in Banking Technology (IDRBT) in the year 2001, and Best Bank Award for Innovative Usage and Application on INFINET (Indian Financial Network) from the same institution in the year 2002.



Apart from it, Corporation Bank has been the path breaker among the Indian banks in many ways, as it was the first bank in the country to launch Cash Management Services, Gold Banking, m-Commerce and 100% Core Banking Services (CBS) compliance.

Products and Services
Corporation Bank offers a wide range of banking products and services to its customers, including Personal Banking Services, Internet Banking Services, Value Added Banking Services, Corporate Banking Services and Credit Card & Debit Card Services. The bank allocates due attention towards its corporate and international business customers, bringing some customized services such as Gold Card Scheme for Exporters. Also, the bank has introduced some specialized services to cater to the specific needs of Micro and Small Enterprises (MSE) customers, enabling them leverage its potential to their maximum benefit.

Head Office
Corporation Bank
Mangaladevi Temple Road
Pandeshwar
MANGALORE 575 001
Karnataka, India
Website: http://www.corpbank.com

IBPS Interview Question (HR and Technical Questions) & Discussion

Usually for bank interviews, there will be 2 to 3 persons in the interview panel. Before the final interview, HR will check all the necessary documents needed and he can also ask few bank specific questions like CASA, Basel norms and profit of the bank, difference between various banking products etc. We are categorising the questions in 2 forms – HR Questions and Technical Questions -

The HR questions you can expect in your interview are:

1. Tell me about yourself
2. Tell me about your family
3. Incase, if you are the only daughter/son in your family, will your parents allow you to work anywhere across India?
4. What are your strengths and weaknesses?
5. Don’t you think you are over qualified for this position?
6. Why not software after engineering?
7. Why did you leave your previous company?
8. Why do you want to work here?
9. Have you applied for any other banks?
10. What do you know about your bank?
11. Have you applied to other areas apart from banking?
12. Where do you see yourself in 5 years from now?
13. If you are female – Being a girl, if you are posted in unsafe place like Assam, will you continue to work with us?
14. Did you prepare for the interview? What did you prepare? (questions will be asked from what you prepared)
15. Have you attended any bank interviews before?
16. Do you have any questions for us?

The Technical Questions which can be asked in a bank interview are -

1. 
   What do you know BASEL norms
2. What is CAR? (Capital Adequacy Ratio)
3. What is the current CRR and SLR?
4. What is microfinance?
5. Repo Rate and Reverse Repo rate?
6. What is SEBI?
7. What is inflation and deflation?
8. What is mutual fund?
9. What is IMF?
10. What is ULIP?
11. Do you have account in bank? Which bank? Why?
12. Differences you see in a private and public bank.
13. What is forex?
14. What is Bank rate?
15. Have you heard about KYC? what is KYC?