Indian Bank Recruitment 2014

Indian Bank Recruitment 2014 India Private and PSU Banks Vacancies

Bank Secror may get young faces to fill vacancies

India Private and PSU banks could get something of a reboot with younger members filling up vacancies.

The need to fill the vacancies, which number three, has provided a fresh impetus to such a move.

Hiring by both PSU as well as private lenders is likely to go up to 30 per cent this year, according to industry experts.

The hiring scenario in the banking sector is extremely positive next year and is likely to be 80,000 to one lakh jobs, which is 25-30 per cent more than last year," skill development firm TalentSprint Managing Director and CEO Santanu Paul told PTI here.

The Reserve Bank of India has announced giving licences to new banks to operate by the end of FY 2013-14, PSU Banks adding more than 8,000 branches in current fiscal and private sector banks, rural banks and foreign banks expanding their own branch network are factors that will huge job opportunity in the sector.

Private sector lender ICICI Bank's net hiring this year will be about 5,000-6,000 as attrition and retirement is a common phenomenon every year.

IDBI Bank Deputy Managing Director M O Rego said 75 per cent of the bank is corporate and 25 per cent is retail with only 38 branches mainly in the metros and state capitals.