State Bank of Mysore (SBM) is planning to employ 700 probationary officers and 500-600 additional clerical staff this fiscal to balance the large number of retirements that the bank would see during the 2012-13 fiscal. This year about 400-500 SBM employees are due to retire.
The bank is on a branch network expansion mode as well as it aims to take the number of branches to 1,000 in the next two years. The branch and manpower expansion will help the bank achieve a business turnover of Rs 1-lakh crore by this fiscal-end.
State Bank of Mysore is the first Karnataka-based bank with fully networked branches. The bank embarked upon the latest Banking Technology platform by implementing the Core Banking Solutions (CBS) across all its branches, with an objective of providing banking convenience to the customers.
| Company Name | CMP |
|---|---|
| SBI | 1080.35 |
| PNB | 114.50 |
| Canara Bank | 142.35 |
| Bank Of Baroda | 280.00 |
| Union Bank Of India | 188.90 |
| View more.. | |
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