» Business » SBI to hire 4,280 for its associates

SBI to hire 4,280 for its associates

Source: PTI
December 02, 2008 14:32 IST

State Bank of India said on Tuesday it is looking to hire 4,280 employees for its associate banks -- a development that comes within days of its plan to recruit 25,000 people.

The recruitment drive follows SBI saying earlier last month that it would hire 25,000 people in the current fiscal -- a move that comes at a time when banks across the world are mostly trimming their workforces in the backdrop of a global financial crisis.

The various associate banks for which SBI is looking to recruit the staff include State Bank of Bikaner and Jaipur, State Bank of hyderabad, State Bank of Mysore, State Bank of Indore, State Bank of Patiala and State Bank of Travancore.

There are more than 1,000 vacancies each with State Bank of Hyderabad, State Bank of Patiala and State Bank of Travancore, between 240 and 440 employees would be recruited for each of State Bank of Bikaner and Jaipur, State Bank of Indore and State Bank of Mysore.

SBI Chairman O P Bhatt said on November 16 that SBI was hiring 20,000 clerical staff and 5,000 people in supervisory positions in the current fiscal.

In its previous major hiring spree, SBI had announced, about a year ago, plans to increase its as well as the associate banks' headcount by about 10,000 people.

Last month, another state-run lender IDBI Bank said it was looking to hire about 650 people for its retail banking and SME finance businesses.

Source: PTI© Copyright 2020 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.