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Central Bank of India to employ 2,700 recruits this year

09 Feb 2012 Evaluate

Central Bank of India, one of the oldest state-run banks is likely to employ 2,700 people this year to add to the 3,200 recruited last year. This number will be exclusive of the addition in specialized segments such as treasury operations and legal.

The bank has started this recruitment exercise because of large number of retirements. Around 1,500 to 1,800 are retiring every year, over the last two years and in the next three years. The bank had gone to about 20 institutions across the country last year to hire people and it has received applications four-five times the number of vacancies.

Central Bank of India was the first Indian commercial bank, which was wholly owned and managed by Indians.

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