She said --
The banks indicate to the Institute of Banking
Personnel Selection (IBPS), which is entrusted with the task of selection, the
number of officers they need.
The question of sending call letter may only be
“a small aberration… and I don’t see any other reason for it.”
It was possible that the selected candidates might not join
a particular bank for some reason. But since they had gone through the entire
selection process, it may not be that they did not prefer a banking career.
M. V. Nair, former CMD of Union Bank of India, said a study
by the Khandelwal Committee, of which he was a member, showed that public
sector banks alone would need about 700,000 new recruits by 2020 in view of the
large number of bank staff retiring and the expansion the sector is witnessing
because of financial inclusion. And, training the personnel will, therefore, be
a mammoth task.
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