4 public sector banks set to hire 5,000 staff

4 public sector banks set to hire 5,000 staff

New Delhi: New business needs and staff shortages due to retirements have sent public sector banks on a hiring spree, with four of them planning to recruit close to 5,000 employees over the next few months.

While India’s biggest lender State Bank of India (SBI) is looking to hire more than 2,700 employees for its various associate banks, other state-run banking institutions such as Union Bank of India, Bank of Baroda and Andhra Bank have also lined up plans to expand their workforce by about 2,000 at various junior-and middle-management levels.

Andhra Bank is looking to fill 734 positions and Bank of Baroda and Union Bank of India are set to hire 400 employees each, according to officials from the banks.

SBI is recruiting mostly clerical staff in the age group of 20-26 years for its associate banks—Patiala, Hyderabad, Mysore, Indore and Travancore state banks to name a few.

Earlier this year, SBI had recruited nearly 1,000 customer relationship executives on a contractual basis.

However, the candidates selected in this hiring cycle would be on probation for six months.

“Selected employees could not fare well in the regular operations due to linguistic shortcomings, so SBI is now looking for candidates who will be reasonably capable in handling the operations in the English language," a senior SBI official said.

Most public sector banks are now looking for candidates with good English skills, both written and verbal.

Union Bank of India hopes to fill nearly 400 clerk-cashier vacancies.

“We will complete the hiring process as early as possible, so that employees are able to join before 31 March," a senior Union Bank official said. The recruitment drive is expected to provide employees for the 150 branches the bank hopes to set up by next year, the official added.

Bank of Baroda, which is celebrating its centenary year, is in the process of transition to become more technology-enabled and customer-centric. The lender plans on hiring 400 specialist officers to achieve the twin goals.