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hi friends, any date regarding the sbi clerk result held on
november?pls share your views here.
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Answer Posted / vinay deep punetha
SBI plans to scale up staff intake
Business Standard
Thursday, March 04, 2010
State Bank of India, the country's largest lender, is set to recruit 25,000 clerical staff to fill up vacancies and new positions, as part of its expansion plans. 'The recruitment process is underway and the bank is now seeking legal opinion on extending the initial estimate of 11,000 by almost two-fold to 25,000, following large-scale retirements and the decision to set up new branches across the country,' a senior State Bank of India official said. 'The decision would help us save time and cost as we would not have to initiate the recruitment process yet again in the next one year. The estimated cost for the clerical recruitment in 2010 is pegged at Rs 50 crore.' According to the official, almost 2.7 million applicants appeared for the written examination and the interviews would be held over the next two-three months for those who have been shortlisted. 'The recruitment will be in two phases, the process ending before March 2011.' The bank has recruited approximately 33,000 clerical staff since 2007 and the recent initiative will take the total pass the 50,000 mark by the end of March 2011. It has also inducted 6,000 clerical hands in its associate banks. State Bank of India plans to expand its branch network to 50,000 by the end of the current decade from the existing 17,075 branches. These including 12,207 domestic and 141 overseas branches. The remaining are part its six associate banks. The bank also has plans to merge the associate banks with the parent body over the next few years. To further enhance its customer base from the existing 250 million accounts, SBI has opened 975 branches in the current fiscal and intends to add another 1,000 branches during 2010-11. The bank's branch expansion plan is a reversal from its strategy at the start of the decade, when SBI, like most other finacial institutions, was focusing on its existing network and generating more business from them.
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