SBI is overflowing after merger! …no vacancies in SBI?

There will be no recruitment of clirks in this year in SBI! Some people can be hired by the end of the year! Bhattacharya said we already have overflow of the employees due to merger of Associate Banks!

May 20, 2017
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If you are looking for a job in banking sector then this news may be of concern to you. After the merger of associate banks, SBI, the country’s largest public sector bank, has decided to reduce the number of new recruitments. The reason overflow of the employees due to merger of Associate Banks. After the quarterly results, SBI chairperson Arundhati Bhattacharya said, “I do not believe that we are going to do a lot of recruitment this year.

If we speak about the clerks, there will be no recruitment in this regard. At the same time, if you talk about the officials, some people can be hired by the end of the year. Bhattacharya said in an interview with that we already have overflow of the employees due to merger of Associate Banks.

They will be adjust  by the end of the year. In addition, about 13,000 people will retire and around 3,600 will take VRS. During April, 2016 to March 2017, SBI had recruited 13,097 employees, while 11,264 retired during this period.  After merger more than 70,000 employees associated with SBI.

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