A Comprehensive Guide to Preparing Banking Awareness for IBPS and SBI PO

Banking Awareness is a crucial component of the IBPS (Institute of Banking Personnel Selection) and SBI (State Bank of India) PO (Probationary Officer) examinations. This guide will provide you with a step-by-step approach to mastering this indispensable subject through free resources and structured online courses.

1. Reading Financial Newspapers and Magazines

Stay updated with the business, finance, and economic sections of renowned newspapers such as The Economic Times, The Hindu, and Mint. Additionally, delve into banking-specific publications like Banking Chronicle and the Reserve Bank of India (RBI) Bulletin for in-depth coverage of banking-related topics.

2. Following Online Sources

Banking Websites

Visit websites of major banks and financial institutions to stay updated on industry news and trends. Some notable websites include:

State Bank of India (SBI) ICICI Bank HDFC Bank Axis Bank IDFC First Bank

Financial Blogs

Follow reputable financial blogs for analysis and insights. Some popular financial blogs are:

Brandes Investments The Motley Fool Investopedia Finance Estelle Naspers

Social Media

Follow banking experts and institutions on social media for updates and discussions. Key social media platforms to follow include:

State Bank of India (SBI) on Instagram SBI India on Twitter SBI on LinkedIn ICICI Bank on Instagram ICICI Bank on Twitter

3. Watching Financial News Channels

Business Channels

Stay informed about daily news and analysis by tuning in to business channels such as:

CNBC TV18 Bloomberg Quint ET Now

Banking-Specific Programs

Watch programs dedicated to banking and finance to gain in-depth knowledge. Some recommended programs include:

IBPS SBI PO Banking Awareness Series on YouTube Bank Exam Tips on YouTube

4. Utilizing Online Resources

Explore online portals that offer banking awareness quizzes, articles, and study materials. Some reputable online resources include:

Sakshi Education Materials Quora - IBPS SBI PO Exam Page Banking Awareness Portal Toppr Quizzes

Download e-books and PDFs on banking concepts and current affairs:

IBPS SBI PO Preparation Guide by Arihant Publishers Banking SBI PO Prep by Gagan Sharma

5. Enrolling in Online Courses

Enroll in specialized online courses tailored for banking exams to get structured learning and expert guidance. Some popular platforms and courses are:

Udemy IBPS SBI PO Preparation Course Coursera Courses on Banking and Finance Skillsera IBPS SBI PO Preparation and Selection Process Khan Academy - Introduction to Banking

6. Regular Practice

Regular practice is key to improving your Banking Awareness skills. Engage in the following activities:

Online Quizzes and Mock Tests Current Affairs Compilations

7. Staying Updated with Banking Regulations

To stay ahead in the exam, familiarize yourself with the guidelines and regulations set by the Reserve Bank of India (RBI). Visit the official RBI Bulletin and the RBI official website for updates.

By following these steps and staying consistent, you can effectively learn Banking Awareness and significantly improve your chances of success in the IBPS and SBI PO exams.

Key Takeaways:

Stay updated with financial newspapers like The Economic Times, The Hindu, and Mint. Follow online sources such as banking websites, financial blogs, and social media. Watch financial news channels and banking-specific programs. Utilize online resources like quizzes, e-books, and study materials. Enroll in specialized online courses. Practice regularly through quizzes and mock tests. Stay updated with banking regulations.

Good luck with your IBPS and SBI PO preparations!