The banking sector in the country is on a boom and also this sector will require plenty of trained personnel very soon, as most o of the employees in the nationalized banks about to retire creating a lot of employment opportunities for the young generation.
The Chairman and Managing Director of Indian Bank Mr. T M Bhasin said, “Today, Indian banks employ close to a million people and they will require at least 10-12 lakh trained personnel in the next five years or so, as the average age of employees in the public sector banks is 50. Many of them have been recruited in the seventies and the next two years will see most of them retiring. Approximately, 60-80 per cent of the senior executives and 30-50 per cent middle managers will retire. Banks will need to recruit at least an additional seven lakh persons. Therefore, the youngsters have a great chance of joining the banks.”
Recently the largest lender in the country, State Bank of India announced to recruit more than 20,000 employees in next four years. Various other banks have already issued notices foe recruitment. According to the bank officials the recruitments with the nationalized banks are likely to continue fro a few more years to come.
