A recent press report said that State Bank of India has scaled down its recruitment for the current financial year. The bank has planned to hire about 11,000 officers and clerks this year which is significantly lower compared to the last few years. For example, in 2009-10, SBI hired over 25,000 officers, clerks and specialist officers for various roles in rural banking, marketing, advisory services, technical and legal operations. The largest lender is well known for its home loan, car loan, personal loan etc.
Mr. Pratip Chaudhuri, the SBI Chairman, told the press that the bank will be recruiting about 6,000 clerks and the process for filling up 5,193 officer posts has just started. Earlier the bank had released a notification for the recruitment of 4,987 officers for its associate banks and 206 officers for its own requirement.
Mr. Chaudhuri said that the recruitment will depend on many factors such as retirements and number of branches that is to be opened. He did not mention about the possibilities of filling up more number of vacancies later in the year which is not a common practice.