SBI to recruit 7,200 in 2015

State Bank of India the country's largest lender, plans to recruit about 7,200 people even as nearly 8,100 members of its staff are due to retire during the current fiscal, as it seeks to increase its dependence on technology for a number of routine tasks. "I am trying to get a lot of technology to help my people so that they spend less of their time on activities that don't really need a lot of thinking and knowledge. For routine stuff such as cash counting we are bringing more and more machines," said SBI chairman Arundhati Bhattacharya, adding the bank should be able to manage with the number of people it planned to hire during 2014-15.

The bank plans to install cash deposit machines, which will reduce the use of teller counters manned by bank employees. It is also bringing in cash recyclers - where the ATM uses the deposited money for withdrawals. "These machines (cash recyclers) can recognise fake notes and impound them and credit your account lesser by that amount. We will be bringing in around 4,500 cash recyclers," said Bhattacharya.

Although the entire banking industry in the country is facing a manpower shortage, the situation is particularly acute in state-owned banks where, according to an estimate by Mckinsey India, 75% of the top management or those above the assistant general manager grade are due to retire by 2020. "In FY15, SBI is planning to recruit about 1,837 probationary officers and 5,400 assistant officers," J N Misra, SBI's deputy managing director and corporate development officer told ET on the sidelines of a conference held by SBICAP Securities last week.

In the previous fiscal, the SB''s 7,600 staff members retired while 35,000-40,000 are due to retire over the next four years. This will happen at a time when new private entities like Bandhan and IDFC, which have already got banking licences from the Reserve Bank of India, will seek to compete with the established banks and are likely to offer higher remunerations to draw talent.
dexamethason dosis dhvormankankobe.site dexamethason 0 5
duloxetin tinnitus duloxetin erfaringer duloxetin erfaringer
More News
ICAR AIEEA Result 2018: ICAR PG Result, Cut-Off Announced @ Icarexam.net, Icar.org.in
Result of ICAR AIEEA-PG-2018 re-examination held on August 18, 2018 and fresh re-examination held in Kerala on September 16, 2018 have been released on the official result websites of the council. The ICAR AIEEA PG results can be accessed from icar.o...
IIM CAT 2018 Application Date Extended, Now Apply Till September 26 @ Iimcat.ac.in
IIM CAT 2018 registration last date has been extended. IIM Calcutta, the official organiser of CAT 2018, the competitive entrance examination which is being conducted primarily for admission to post graduates courses in Indian Institutes of...
CAT 2018 registration closes on September 19, admit card to release on October 24
Indian Institute of Management (IIM) Calcutta will be conducting Common Admission Test (CAT) on November 25, 2018. Candidates who are aspiring for management career can fill the CAT application form online by September 19, 2018. IIM-C will close the ...
AYUSH NET 2018 In November; Know Important Dates
Central Council for Research in Ayurvedic Sciences (CCRAS) has notified AYUSH NET 2018. CCRAS will conduct the exam in November on behalf of Central Council for Research in Yoga and Naturopathy (CCRYN), Central Council for Research in Unani Medicine ...
IIM-Ahmedabad second best B-school in Asia, IIM-Calcutta at number 3: FT rankings
Indian Institute of Management-Ahmedabad has emerged as the number one Business-school in the country followed by IIM Calcutta and IIM Bangalore. According to the Financial Times Masters in Management Ranking, both IIM Ahmedabad and IIM Calcutta rank...
JEE Main 2019: Aadhaar Not Mandatory For Registration, Says National Testing Agency (NTA)
The National Testing Agency (NTA) has said in a notification that the Aadhaar number, 12 digit identification number issued by UIDAI, is not mandatory for registering for JEE Main 2018 examination. NTA, an agency under the Department of Hig...
NEET PG 2019, NEET MDS 2019 Dates Announced; Check Now
National Board of Examination (NBE) has released the examination schedule for the MCQ based examination to be conducted in December 2018/ January 2019. NBE is responsible for conducting exams like National Eligibility-cum-Entrance Test Post Graduate ...
ICAR Declares AIEEA Result; Online Counselling From September 10
ICAR has declared the AIEEA results online for UG and Ph.D. courses. Candidates who had appeared for the exam can now check the results online at icar.org.in. Almost three weeks after the exam, ICAR has finally declared the results for All ...
CTET 2018: Form Correction Process To Begin Today
CBSE will begin the form correction process for CTET 2018 today. The form correction window will be open from September 6 to September 10 after which candidates will not be able to make any changes to their application form. The link to login to the ...
OFSS Bihar 2018: Window Open For Compartment Exam Qualified Candidates
OFSS or Online Facilitation System for Students Bihar has started to the registration process for candidates who have qualified the matric compartmental exam. The registration for these candidates will be held on the official website of OFSS, ofssbih...