Increase in public sector bank recruitment expected
Posted on: 17/Aug/2015 2:38:57 PM
Public sector banks, including State Bank of India (SBI), will open up vacancies over the next two years. It is estimated that 80000 vacancies will open up all over the country. This development will occur due to superannuation of a large number of officers and staff.
According to official sources, As many as 78,800 employees will retire during the current fiscal and next fiscal... During the current financial year, 39,756 employees are retiring. This includes 19,065 officers and 14,669 clerks... Besides, 6,022 sub-staff would also get superannuated this fiscal year. About 39,000 employees would be retiring next fiscal.’
India has 22 state owned banks. The top banks include SBI, IDBI Bank and Bharatiya Mahila Bank. SBI has five associate banks of its own.
The Union Finance Ministry will provide flexibility at the middle level recruitment process. At the moment, they hire on contractual basis.
