Even as financial institutions worldwide are announcing job cuts to survive the economic slowdown, Allahabad Bank, a leading public sector bank, said it would recruit 2,000 people in this calendar year.
“The bank will recruit 2,000 staffers, which is about 10 per cent addition to the present staff strength of 20,000. Of the new recruitments, 1,000 posts will be in the officer grade whereas the other 1,000 will be in the clerical cadre,” Executive Director of the bank, K K Agrawal said here On Wednesday.
Agrawal said the recruitment will ensure the bank’s growth objectives.
The bank is registering good growth in terms of business development. Besides, the bank is also expanding its operation into new areas.