press trust of india
MUMBAI, 5 OCT: With banks being bullish on branch and portfolio expansion, hiring by both PSU as well as private lenders is likely to go up to 30 per cent this year, according to industry experts.
“The hiring scenario in the banking sector is extremely positive this year and is likely to be 80,000 to one lakh jobs, which is 25-30 per cent more than last year,” skill development firm TalentSprint managing director and CEO Santanu Paul said.
The rise in recruitment in the banking sector is mainly on account of both PSU and private lenders becoming bullish on branch and portfolio expansion, besides retirement and attrition factors, he said.
The Reserve Bank of India has announced giving licences to new banks to operate by the end of financial year 2013-14.
With PSU banks adding more than 8,000 branches in the current fiscal and private sector banks, rural banks and foreign banks expanding their own branch network there is a huge job opportunity in the sector, he said.
To cope up with this kind of hiring and to include every geographies of the country in the process, the number of examination centres this year will increase to 210 from 45 last year, he said.
Private sector lender ICICI Bank’s net hiring this year will be about 5,000-6,000 as attrition and retirement is a common phenomenon every year.