|  |  |  |  | 

Business Exclusive Headlines News

Bank job recruitments to touch 60,000

New Delhi, June 27 (): Total recruitment for bank jobs will rise to 60,000.

Bank jobs of over 23,000 aspirants who qualified for the posts of officers and clerks are yet to get appointment letters from 20 banks putting their future in uncertainty.

The Institute of Banking Personnel Selection which conducts tests for public sector banks for officers and clerks had put up the list of qualified candidates last year. The total list was 45,000 and appointment letters were given to 22,000 so far. The list will get invalid by this year-end.

SBI has announced that apart from the 1500 officers it would recruit, it needs another 10,000 more. (See /2013/06/23/sbi-to-recruit-10000-more.html) Clerks who passed the exam have to get appointment letters by March 2014 or take the test again.

Many who are selected are not able to take up jobs where there is a bond stipulating minimum years of service. The IBPS who conducts the test says that they are helpless because the banks have to inform them about the vacancies and then only can they issue call letters.

IBPS is hopeful that it will be able to give appointment letters by December this year. 3100 clerks and 2300 officers are expected to get appointment letters, says IBPS. This is only 10% of the first batch of allotment but others will have to wait.

IPBS expects that at present the 20 PSU banks have notified for 53,000 posts including officers. If the second list of vacancies are notified then it could increase to 60,000.

Among the state-owned banks, India’s biggest bank SBI has put forth an expansion plan. It has taken the banking to more rural areas. Present branches are upgraded and given air-conditioning. SBI has been given the task to widen the network to counter the private chit funds and those are accepting deposits from countryside where there are no banking facilities.

bank-job-recruitments-to-touch-60000

ABOUT THE AUTHOR