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SBI to recruit 10,000 more

Mumbai, June 23 (): SBI (State Bank of India) will recruit 10,000 officers and employees in the current financial year to speed up its operations. It has already conducted a test for probationary officer’s post totalling 1500.

Around 14 lakh took part in the exam and the results were announced last week. By March 31 2014, 7500 officers are retiring from SBI. In April this year the bank started the recruitment drive.

SBI has across the country upgraded many branches and also made them air-conditioned. In the past three months it added 20,000 employees in the assistant grade rank for front office work, said SBI Chairman Pradip Chauduri to a news agency.

The expansion plans are to open 1200 branches in India and open eight branches abroad including China and UK. Data shows that public sector banks in this fiscal year itself added 63,000 jobs. SBI, the lead bank added 1200 officers and clerical staff numbering 20,000.

Other state-owned banks accounted for officers numbering 22,000 and clerical staff totalling 20,000. The state-owned banks including SBI had 85,000 vacancies in 2010-’11. The total employee strength stood at 8 lakh in the previous fiscal.

State-owned banks have restarted the recruitment drive in recent times. The MBA grads who opted for private banks are now shifting to these banks. Private banks are now charging for all services and the latest addition to this is SMS alerts. Banks used to send alerts to customers when transactions take place and this helps to keep track of the money and also prevent any fraudulent withdrawal.

This service will be now be charged at Rs 60 for SB account and for current account the rates have not been fixed. The banks say that telecom operators have increased the SMS rates and this takes up a huge money. State-owned banks have not joined this move and the RBI is yet to comment on the private banks’ move. The customers are given the option to opt out of the SMS service.