AHMEDABAD: At a time when the financial sector all over the world is collapsing, the State Bank of India (SBI), the country's largest public sector bank, is expanding in a major way.
Banking sources said this week SBI has issued job offer letters to around 2,000 persons, selected out of the two lakh persons who had applied for jobs, mostly clerical, from the state. Earlier, it was decided that 1800 persons will be recruited from Gujarat but the number was raised because the bank found more potential in the state.
The new recruits will be designated as customer relations associates and will be permanent employees. About 115 officers had also been recruited by the bank recently in Gujarat for its 962 branches. The bank has mopped up Rs 8163 deposits from April to November this year, as against the total deposits of Rs 4200 crore in the whole of 2007-08.
HC Pattnaik, chief general manager of SBI in Gujarat, said the recruitment test was conducted in July and personal interviews were carried out in October. Nearly 24 lakh applications were received from across the country.
SBI has shown a staggering growth in deposits as more and more people across the country have liquidated their holdings in other instruments, and even private sector banks, to play safe with the country's biggest bank.
Banking sources said this week SBI has issued job offer letters to around 2,000 persons, selected out of the two lakh persons who had applied for jobs, mostly clerical, from the state. Earlier, it was decided that 1800 persons will be recruited from Gujarat but the number was raised because the bank found more potential in the state.
The new recruits will be designated as customer relations associates and will be permanent employees. About 115 officers had also been recruited by the bank recently in Gujarat for its 962 branches. The bank has mopped up Rs 8163 deposits from April to November this year, as against the total deposits of Rs 4200 crore in the whole of 2007-08.
HC Pattnaik, chief general manager of SBI in Gujarat, said the recruitment test was conducted in July and personal interviews were carried out in October. Nearly 24 lakh applications were received from across the country.
SBI has shown a staggering growth in deposits as more and more people across the country have liquidated their holdings in other instruments, and even private sector banks, to play safe with the country's biggest bank.
Courtesy: Times of India
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