Banks Jobs Calling

For everyone out there who are under the impression that global recession will hamper recruitment in Indian banks, here is a piece of good news. Pushing apprehensions of slowdown aside, banks are on a major recruitment drive these days. Two major reasons behind this overdrive being the retirement of a large number of senior employees and banks looking to provide more and more specialized services such as insurance, net banking, asset management and so on. In order to bring new services to their customers, they need to train people with specific skills who will be entrusted with these services.

It is estimated that about 20% of a strong workforce of 750,000 will retire within the next two years. This opens up a huge gap which needs filling. In addition to all this, banks are also expanding so that they can reach out to more people all over India. State Bank of India opened 2000 new branches in 2008-09 and are expected to open 1000 more this year. Openings exist for clerks, general banking officers and specialist officers. Recruitment is happening by the thousands according to this report in rediff.com and all major names such as Canara Bank, SBI, Bank of India,Union Bank of India are involved. So for all of you who have your sights set on a rewarding career in public sector banking, the requirement presents a golden opportunity.