The State Bank of India (SBI) plans to recruit about 12,000 employees and add around 250 new branches to its network in the ongoing financial year, said SBI Chairman CS Setty.
\n\n"In terms of recruitment, I think we would be looking at around 11,000 to 12,000 appointments across both clerical and officer cadres this year," CS Setty told news agency PTI.
\n\n"This number may vary depending on retirements and emerging requirements, but I expect we should close the year with around 12,000 recruitments," he said.
\n\nLast year, the bank did fairly large recruitment because we took 1,500 specialist IT officers. This year, we do not need such a large number on the IT (information technology) side, he added.
\n\nOn branch expansion, Setty said that despite having a large network, there is still some white space in many areas; whether new colonies are coming up or even in commercially active districts, the bank's presence can be improved.
\n\n"We also are looking at rationalisation of some of the branches, which means that our number broadly will be growing by maybe 200 to 250 per year on the net side," he added.
\n\nNotably, SBI is among leading India's employers, with a workforce of…
Original source: https://www.timesnownews.com/business-economy
