Don’t miss the latest developments in business and finance.

SBI to hire 10,000 officers, employees in current fiscal

SBI Chairman Pratip Chaudhuri said that about 7,500 employees of the bank will be retiring this fiscal

Press Trust of India Mumbai
Last Updated : Jun 23 2013 | 7:06 PM IST
State Bank of India plans to hire 10,000 officers and employees in the current fiscal to spruce up its operations. 
 
"We will be hiring 10,000 people this year, including 1,500 probationary officers, the process for which started in April. About 7,500 will be retiring this fiscal," SBI Chairman Pratip Chaudhuri said. 
 
"We have upgraded our branches, all have become air-conditioned. We have adequately staffed our branches. In the last quarter, we recruited 20,000 assistant grade employees at front office," he said.
 

More From This Section

The bank plans to open about 1,200 branches in the country and another eight branch offices overseas, including China and the UK, in the current fiscal. 
 
Public sector banks hired around 63,000 persons in the last financial year. The country's largest bank SBI alone recruited 20,000 clerical staff and 1,200 officer level employees. 
 
Besides, other public sector banks hired 22,000 officers and 20,000 clerical staff in the last fiscal.
 
There were 84,489 vacancies at various levels in the state-owned banks at the end of 2010-11.

Also Read

First Published: Jun 23 2013 | 7:04 PM IST

Next Story