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
GATE 2025 Topper List: IIT Roorkee announces subject-wise AIR 1 list
GATE 2025 Subject-Wise AIR Toppers List: The all India rank (AIR) list indicating the toppers in the Graduate Aptitude Test in Engineering (GATE) 2025 has been released. Candidates can now check the subject-wise top rank holders in GATE 2025 at ...
JEE Advanced 2025: SC asks Centre, JAB, others to respond to plea
The Supreme Court on Thursday sought responses from the Centre and others on a plea seeking a direction to allow students, who had passed Class 12 exams in 2023, to participate in JEE Advanced 2025 for securing admissions in the Indian Institutes of ...
Rajasthan REET 2024 answer key out at reet2024.co.in
REET Answer Key 2025 Released at reet2024.co.in: The Rajasthan Board of Secondary Education (RBSE) has released the Rajasthan Teacher Eligibility Test (REET) answer key 2025 on March 25. Candidates who had appeared in the exam can now download t...
GATE 2025 Topper List: IIT Delhi announces subject-wise AIR toppers list
GATE 2025 Subject-Wise AIR Toppers List: The all India rank (AIR) list indicating the toppers in the Graduate Aptitude Test in Engineering (GATE) 2025 has been released. Candidates can now check the subject-wise top rank holders in GATE 2025 at ...
MAH CET 2025: Normalistion process for MBA, MCA scores | Explained
MAH CET 2025 Normalisation: The Common Entrance Test (CET) cell, Maharashtra, has released the normalisation method for MAH CET 2025 for MBA and MCA programmes to ensure fairness in score calculation, as the exams are conducted in multiple shift...
Bihar Board 12th Result 2025 (Out) Direct Link: Check roll-number wise result on education.indianexpress.com
BSEB Inter Result 2025: The Bihar School Examination Board (BSEB) released the Class 12 intermediate results today, March 25. The BSEB official websites—interresult2025.com and https://www.vidyavision.com/—will make th...
APSC CCE 2025 Notification Released: Applications to start from March 28 - Eligibility, fees, exam process
APSC CCE Prelims 2025 Notification Released: The Assam Public Service Commission (APSC) has released the notification for the Combined Competitive (Preliminary) Examination 2025. Eligible candidates can apply online through the official website,...
Bihar Board 12th Result 2025: BSEB Inter scorecards expected date and time
Bihar Board Class 12th Result 2025 Date: The Bihar School Examination Board (BSEB), Patna, has completed the Class 10 and 12 examinations. The results for the BSEB Class 12 (Intermediate) exams will likely be released on March 27, as reported by...
GATE 2025 ECE (AIR 1): ‘I prepared during my 3-hour commute to Jadavpur University
Swarnava Biswas from West Bengal has achieved a score of 82.67 out of 100 in Electronics and Communication Engineering in the GATE 2025 exam. Coming from a unique background, his father is a chess coach, while his mother is a professional photographe...
Assam Board Paper Leak: Class 11th Maths exam cancelled, new date later
The Class 11 Mathematics paper of the Assam state board was allegedly leaked, forcing the authorities to cancel the examinations on Thursday and lodge police complaints, officials said. The new date and further updates will be notified soon, the mini...