SBH plans to recruit 2,000 clerks and 600 supervisors this year

State Bank of Hyderabad (SBH), an associate bank of State Bank of India, is planning to expand its human force by recruiting as many as 2,000 clerical and 600 supervisory staff during the current financial year this was confirmed by a top bank official.

During the launch of SMS Feedback facility the managing director SBH, Renu Challu told media persons that, "This is in addition to the 600 supervisory officers, who cleared tests last year and would be joining us in the next two months."

She informed that from the newly recruited employees around 300 of them will be posted in rural areas that will be responsible for the development of bank’s agricultural loan portfolio.

Challu added bank is planning to open 230 branches this year.

She said, SBH has already applied for five licenses for Uttarakhand and two for Chhattisgarh, is likely to open branches by the end of this year.

The bank has also opened its first-ever currency management branch (CMB) in Hyderabad to sort out soiled and counterfeit notes and make cleaner notes available across the counter.

Challu added in the beginning the CMB service will be linked to 28 branches in Hyderabad and gradually it will be extended to other chest branches across the country in due course.

Meanwhile SBH Gen-X, a savings account has been introduced to target youths between 18 and 30 years of age group.