The banking system of India was started in the eighteenth century. The state bank of India is the oldest bank of India and later there are some banks which become subsidiaries for that bank. The subsidiary banks for the state bank of India are based on the state of the country. The Indian economy had some fluctuation because of the wars and after the independence of the country the economic system of the country has changed. There are some banks which have been failed between the year 1913 and 1918. The banks have been failed because they failed to pay the capital amount which they need to pay for the authorization. At the maximum, forty two banks have met failures to pay the authorized capital. The reserve bank of India is having the authority over all the banks of India. It will regulate, control and inspect the banks in India. The banks in India have been nationalized after the year 1960. There will be some vacancies for the different post in the banks. One of the best ways to get jobs in various banks is the common entrance test conducted by IBPS and the CET 2011 exam date is September eighteenth. The IBPS will conduct these exams twice every year and the validity of the score is for one year. People can collect the IBPS CET details from the websites or from the newspapers. The qualification to write the all India bank jobs entrance exam is any graduation from a recognized university. According to the IBPS CET procedure of recruitment the age limit is thirty. The questions for this exam will be objective and subjective and based on the score the banks can recruit the candidate. People can understand how to apply for the examination through IBPS CET details which is very much available in the site. Also click here to get details about the private bank jobs in India.