Popular Articles

Unitech Wireless raises Rs 5,000 cr for network roll out
Unitech Wireless, the joint venture between realty major Unitech and Norway"s Telenor, has raised Rs 5,000 crore as loan from State Bank of India to finance the roll-out of its network as the firm will be launching mobile services in next three months.

R Gopalan takes charge as Fin Services Secy
R Gopalan, a 1976-batch IAS officer, has been appointed as the Financial Services Secretary in the Finance Ministry.

News of the day

Ackruti City QIP to open on Sept 3
Ackruti City will open the qualified institutional placement (QIP) issue to the qualified institutional buyers (QIBs) on September 3. This will be in respect of issue of equity shares of face value of Rs 10 each of the company.
Small Business

SBI to hire 27,000 this year

The country"s largest lender, State Bank of India (SBI), plans to hire more than 27,000 people this year to fill vacancies across different divisions, a top bank official said. - SBI may provide more to cover bad assets - Finally, banks admit they will miss credit targets - Attrition to be a big problem for banks: RBI - Bank charges may be capped - SBI scales down credit growth estimate - SBI to appoint correspondents for NREGS payments "This year we have plans to recruit 20,000–22,000 people in the clerical posts and 5,500 people at the probationary officer level," SBI Deputy Managing Director and Group Executive Anup Banerji told reporters on the sidelines of Bancon conference here. As part of its strategy of enhancing focus on rural operations, SBI plans to deploy 2,000 probationary officers in rural areas, Banerji said. "We create a provision for appointing specialised probationary officers in the rural sector. Of the 5,500 POs, 2,000 of them will be recruited in the rural sector and these officers will continue in rural marketing at least for next 10 years," he said. Last year, SBI had recruited around 25,000 people. The banking major also have plans to go for lateral recruitments in the middle-management level in the current year, Banerji said. "This year we will start lateral recruitment at middle management level, from manager to Assistant General Manager level, where ever it is necessary," Banerji said.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):