Thursday, 3 October 2013

Hiring in banking sector likely to go up by 30% this year: Says Experts

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 this 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 rise in recruitment in the banking sector is mainly on account of both PSU and private lenders becoming bullish on branch and portfolio expansion, besides retirement and attrition factors, he said.

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, he said.

To cope up with this kind of hiring and to include every geographies of the country in the process, the number of examination centres this year will increase to 210 from 45 last year, he said.

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.

“Our net hiring this year will be 5,000-6,000 due to expansion, attrition and retirement,” ICICI Bank Managing Director and Chief Executive Officer Chanda Kochhar said.

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.

“We were mainly into wholesale, but with retail expansion we expanded our branches and this year we are planning to add 300 branches across the country, for which we will need to recruit 2,000-2,200 people,” Rego added.

Currently IDBI Bank has about 1,082 branches across the country and one branch in Dubai.
Attrition in IDBI bank, which provides rigorous training and mentoring programme, is very low, he added.

Bank of Maharashtra Executive Director C V R Rajendran said to manage all aspect of banking an executive has to have experience in rural, semi rural, urban and metro branches.

"So when we recruit we want people from all geographies to man rural branches with right attitude and an understanding about the language and culture of the area," he added.
After the RBI giving licenses to new banks, he said, Bank of Maharashtra is expecting huge attrition.


"Our attrition level is very low till now, however, the RBI giving licenses to new banks we are expecting huge attrition plus 800 people are retiring this year. So, to prepare for such a situation we are hiring 30 per cent more than our required manpower. This year we will be hiring 2,000 executives," he added.

Source: The Economic Times

43 comments:

Anonymous said...

RC test kar rahe hai sirji

Vkj said...

Sir ibps p.o capsule 12 tarik tak site par dal dena...and plz capsule dalne se pehle 1 baar review jarur kar laina becouse ibps rrb capsule m kuch gadbadi thi.......

rajesh said...

sir, plz ibps po k liye capsule jaldi upload kar dijie ga...mera 19oct ko exam he..plz

Anonymous said...

Sir plz put some tricks form escaping negative marks plz.....

Anonymous said...

ye to waqt bataiga

Anonymous said...

plz ibps po k liye capsule jaldi upload karo, My exam is on 19 oct thanks...

Bank Jobs said...

Thank for the information..

Lovina said...

power capsule upload please..

Anonymous said...

KALICHARAN NIGAM
INSTITUTE OF
TECHNOLOGY NARAINI
ROAD
(HEADQUARTER OF
CHITRAKOOT
DHAM MANDAL) BANDA
UTTAR
PRADESH INDIA 210001,,
koi help karo patna se kaise
jaunga....morning shift mei
exam hai, pls help me

Anonymous said...

Plz sir power capsule upload as soon as possible

Anonymous said...

U R getting it free so accept and correct it nobody cares you without consultancy fees

Anonymous said...

@ anon... 07:20

tu kisi se help magy free me...

to badly me maa bhan ek karwata hai

Anonymous said...

@ anon... 07:20

tu kisi se help magy free me...

to badly me maa bhan ek karwata hai

Anonymous said...

madarbhakton ladai mat karo,..,,.
news jo mili hai use enjoy karo.,,.

Anonymous said...

are tumne wha kyo diya tha center
pahle UP sampark kranti pakad kar BANDA pahucho then banda se local rikshwa kar pahuch jayega

ANKUR said...

hey ye mere city me hai but mujhe patna se banda ke liye train nhi pata ye tm net par dekh lo but tumhe station se jyada dur nhi hai aasani se pahuch jaoge !mere sare paper yahi hai

ANKUR said...

hey ye mere city me hai but mujhe patna se banda ke liye train nhi pata ye tm net par dekh lo but tumhe station se jyada dur nhi hai aasani se pahuch jaoge !mere sare paper yahi hai

Anonymous said...

bhai patna s kanpur aana padega.......kanpur s banda k 4 to 5 hr lgege.......

Anonymous said...

Admin plzzz upload computer awareness capsule as well....

Anonymous said...

What will be the expected No. Of Vacancies for PO 3 & Clk 3.. And due to 30% increase in vacancy, any chance of 3rd waiting list in PO 2 and Clk 3....

Anonymous said...

Po-3 mein mere khayal se 20k-25k tak hongi & clerk-3 mein 30k-35k tak hongi.

Anonymous said...

DEAR ADMIN,
Besides keeping banking and financial awareness add equal data related to current affairs plzzz....

Anonymous said...

Admin plz upload g.k capsule as soon as possible. We r eagerly waiting 4 ur gk capsule. Plz upload it soon...

Anonymous said...

MARATHWADA INSTITUTE OF
TECHNOLOGY BULANDSHAHAR P.BOX
NO. 15 DHAMERA-CHOLA
BULANDSHAHR UTTAR PRADESH
INDIA 203001
please help me to find out this center and how to reach there as my exam is on 20 oct morning shift
i am from meerut plz help

Anonymous said...

yes, clerk near 40k

Anonymous said...

jald he sir whole septmber ka gk update kre

Anonymous said...

apne bike se jao...otherwies meerut se bulandshahr ki bus lo fir wanha se khatara wali auto mil jayega bt time se pahuchana mushkil h bcoz outside me h to plz apne bike se jao

Anonymous said...

apna to ibps po 10 nov. Ko he.

Amal Barman said...

Sunke acha laga...sayad ho jaye isbar...

Anonymous said...

ha ha ha kya bola hai

Anonymous said...

Good news....very large no of vacancies is going to add in banking sector.
Download IBPS PO 3 online admit card 2013

Anonymous said...

Are sir ji kuch to esa kro po 2 ki waiting jaldi aaye aur jyada se jyada ko job mile ,pass krke b baithe hue hai ....

Kro sir ji kuch to kro , iss matter to jra personally lo bhai bht serious bat hai ki pass hoke b fail ....

Anonymous said...

pl upload ibps gs capsule

SRIRAM MURTHY said...

If this is true why cant banks recruiting IBPS clerk waiting list persons .... Chidambaram is telling that 56800 deficiency is there in Bank jobs this year but IBPS will nt take the remaining waiting list persons who cleared written and interview ... why they are waiting to recruit if it is really deficient..What is the reason behind this .... Can any one tell this..

Anonymous said...

last year 40k thi clerk me..is bar 30% more vacancies hai..to shayad 52000-55000 vacancies hongi clerk me..

Anonymous said...

u r at waiting list means ... less mark---weak candidate...they need dynamic, intelligent guys, atttiude wale..thats y they are gong to take fresh one else spoiled one...got it dear...

try this year....: )

Anonymous said...

sir , please help me , i have lost my regn. and roll number due to my system crash , and till now i have not receive any message from ibps about exam. how can i download my admit card. please give suggestion. Please help me.

Read more: http://www.bankersadda.com/2013/10/download-po-iii-admit-card-2013.html#ixzz1cTYeII00

Anonymous said...

maira capsule chiye..

Anonymous said...

patna se allahabad aao.(kai train mil jaengi). Allahabad se banda k liye 5-6 achhi train mil jaegi. 4 to 6 hour journey, speed dependent. Chambal exp, tulsi exp, bendelkhand exp, are main trains.

PVNKISHORE said...

respected power group, i request you please! post the SEPTEMBER CURRENT AFFAIRS AND IBPS-P0-2013 POWER CAPSULE as early as possible..
thanks & regards,
keshore

Anonymous said...

Dear Admin,

Beside providing the PO capsule, please emphases more on Banking related news/events of last few months...

thnx

Anonymous said...

hy mera bhi center yahi hai or pata hai maine patna center diya tha paar bhej diya waha
pata hai sabse acha hai ki aap laukhnaow jjao fir waha se banda station ke liye train bi hai agar train se nahi jana to wah se bus auto bhi jata hai paar dost ye dhyan dena ki laukhnaow se by auto bhi jane paar 3-4 ghante lagte hai so itensed yaar agar aap ka exam 26 ko hai to 25 ko jana hogaa mai jaa rah hu agar aap bhi usi din jan hai to sath caliye compny mil jayegaa ..

Anonymous said...

I need capsul for Orissa state co-operative bank recruitment

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