Thursday, November 15, 2012


Public Sector banks will hire over 63,000 people this Fiscal.

  • Thursday, November 15, 2012
  • bhushan chhaya
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  • Bumber News For Bank Job Aspirant's After the Meeting of Finace Minister with Heads Of Public Sector Banks.They Decides to Hire More People Because Govt. of India Plans to Give All Subsidies Through Banks.i.e Banks needs For Officers & Clerks thios Fiscal 

     Government-owned banks will hire over 63,000 people, including officers and clerical staff, during the current fiscal.


    Finance Minister's Words

    “There are huge job opportunities for young men and women in banks. It’s
    a very attractive career, and young men and women must take advantage
    of it,” Finance Minister P. Chidambaram announced on Thursday, after a
    review meeting of public sector banks and financial institutions.

    As on September 30, all Government-owned banks had a total vacancy
    (officers, clerks and sub-staff combined) of 84,489. Of this, banks plan
    to recruit 63,200 during the current financial year. As on March-end
    2012, the total workforce of public sector banks (including nationalised
    banks, SBI and its associate banks) was 8,01,509. 

    Recruitment In Public Sector Banks

    Jobs In SBI & Associates

    The Finance Minister also said that the State Bank of India alone had
    plans to recruit 1,200 officers and nearly 20,000 clerks this year. As
    on September-end, the total vacancies in the SBI and its five associate
    banks stood at 28,979.

    Recruitment Through IBPS

    A senior Finance Ministry official said the Government, in consultation
    with public sector banks and Institute of Banking Personnel Selection
    (IBPS), has tried to simplify and rationalise the recruitment process.
    Now, there are common eligibility criteria and interview for all public
    sector banks and a one-time application fee.

    He said the Government had also suggested carrying on the recruitment
    exercise in each cadre at least once a year. To fill vacancies in the
    clerical cadre, IBPS has already invited applications for an examination
    scheduled next month, he added.

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