Home loan lender, Punjab and Sind Bank has plans of hiring 1000 new employees during this fiscal.
Executive Director of Punjab & Sind Bank P K Anand said, “We are going to have a second round of recruitment this year of about 1,000 personnel, including officers and specialist officers”.
The bank has just completed recruiting 700 employees to fulfill its branch expansion plans and vacancies occurring because of superannuation.
The 1000 new recruits to be hired would comprise of 440 probationary officers (PO), 260 specialist officers and 300 clerks, he added.
Presently, the bank employs 8000 staff. The bank also intends to bring out an Initial Public Offer (IPO) towards the end of 2010.