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SBI to recruit 10,000 officers, employees to make its operations efficient

24 Jun 2013 Evaluate

In a bid to make its operations efficient, State Bank of India (SBI) is planning to hire 10,000 officers and employees, including 1,500 probationary officers, in the current fiscal. The bank is also planning 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.

Recently, public sector lender announced that it is coming up with its sixth apex training institute at Rajarhat in the eastern fringes of Kolkata. It laid the foundation stone for the same and it will be situated on a 10-acre plot acquired commercially from the West Bengal Housing Infrastructure Development Corporation. With this initiative, the bank aims to train the 5,500 officers and approximately 20,000 clerks recruited in the last couple of years.

Peers
Company Name CMP
State Bank Of India 952.80
PNB 114.30
Bank Of Baroda 234.55
Canara Bank 119.00
Union Bank Of India 173.00
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