The banks have openings for the fresher as well as for the experienced. Vijaya Bank, the Mangalore-based bank has announced its plan of hiring about 1,000 for various positions before the end of the financial year 2009-10.
The bank at present is in the process of campus recruitments to hire 160 specialists (MBAs), will be starting the process of recruitment of 500 clerks.
After the inauguration of the 1,108th branch at Madhapur Albert Tauro, Chairman and Managing Director, Vijaya Bank, told newspersons, "In addition, we are laterally filling up over 300 positions in Scale III and III for which the interviews are on the anvil".
He added, in addition to catering of the manpower needs of branch expansion program, as during the year over 800 employees will be retiring there is a need for the recruitment of new staff.
The bank is also looking at getting rid of its image as a South India-focused entity. Tauro informed during the year bank will be opening majority of over 92 branches in Maharashtra, Uttar Pradesh, Central India and Punjab.
To achieve the target of 22 per cent in total business (which is at Rs 92,000 crore now) the bank will be putting into force technology products.
He informed, "Within a couple of weeks after launching SMS alerts, we had 40,000 registrations which might touch one lakh by month-end. Mobile banking will be launched in next two/three weeks. This will be followed by phone-banking in two months".
Soon bank will be getting Rs 700 crore from the Government as part of previously-announced capital expansion scheme.
He added, "This will help us maintain capital to risk-weighted assets ratio (CRAR) at above 12 per cent". Currently the CRAR is at 13.34 per cent.
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