Royal Bank of Scotland selects students from G.L Bajaj School, Greater Noida-Admission Jankari
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Royal Bank of Scotland selects students from G.L Bajaj School, Greater Noida

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Published : 10 Jan, 2017 By:
  • Royal Bank of Scotland selects students from G.L Bajaj School, Greater Noida

    G. L. Bajaj Group was established in the year 1997 by philanthropic creative thinkers and cerebrals to impart value-based education in a thought-provoking and novel milieu, favorable for the overall development of its students. With 9 campuses located in NCR and Mathura the Group has embarked on its vision of imparting quality education to thousands of students and budding professionals in the field of Management, Technology, Education, Dental Science, Engineering, Pharmacy and Library Sciences.

    G. L. Bajaj Institute of Management and Research, Greater Noida is a leading B-School of North India offering Post Graduate Diploma in Management (PGDM) approved by AICTE, Ministry of HRD Govt. of India, a two year full time program with dual specialization in areas of Marketing, Finance, Human Resource Management, Operations Management, Information Technology and International Business.

    G.L. Bajaj Consistent 100 % Placements in various sectors like FMCG, Retail, Banking & Finance, Hospitality service sector and many more (Placement was achieved 6 months before the completion of the course).

    Royal Bank of Scotland (RBI) commonly abbreviated as RBS, is one of the retail banking subsidiaries of The Royal Bank of Scotland Group plc, together with NatWest and Ulster Bank. The Royal Bank of Scotland has around 700 branches, mainly in Scotland though there are branches in many larger towns and cities throughout England and Wales. Both the bank and its parent, The Royal Bank of Scotland Group, are completely separate from the fellow Edinburgh based bank, the Bank of Scotland, which pre-dates The Royal Bank of Scotland by 32 years. The Bank of Scotland was effective in raising funds for the Jacobite Rebellion  and as a result, The Royal Bank of Scotland was established in 1724 to provide a bank with strong Hanoverian and Whig ties.

    The bank traces its origin to the Society of the Subscribed Equivalent Debt, which was set up by investors in the failed Company of Scotland to protect the compensation they received as part of the arrangements of the 1707 Acts of Union. The "Equivalent Society" became the "Equivalent Company" in 1724, and the new company wished to move into banking. The British government received the request favourably as the "Old Bank", the Bank of Scotland, was suspected of having Jacobite sympathies. Accordingly, the "New Bank" was chartered in 1727 as the Royal Bank of Scotland, with Archibald Campbell, Lord Ilay, appointed its first governor.

    On 31 May 1728, the Royal Bank of Scotland invented the overdraft, which was later considered an innovation in modern banking. It allowed William Hogg, a merchant in the High Street of Edinburgh, access to £1,000 (£121,973 in today's value) credit.

    Royal Bank of Scotland conducted a placement drive at the campus on 18 November, 2016 8 students have been shortlisted by the company so far, and the final results are awaited.

    The salary on offer is Rs. 3 Lacs per annum. The company is a market intelligence leader delivering research and consultancy for the global healthcare industry.

    Congratulations to all selected students.

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