According to a Business Standard report, Chennai-based Indian Overseas Bank (IOB) has recruited around 11,000 candidates in last three years. It is expected to recruit around 4,100 this year, said M Narendra, chairman and managing director, IOB.

The report quotes Narendra as saying, "We have been conducting recruitment in the past years to strengthen our machinery. Our total staff strength has grown from around 21,000 to over 31,000 now".

The bank aims at bringing down the average age of employees to 35 years from the current 43. It is also keen on providing employment to women. It is also working towards being among the top five nationalised banks in terms of business volumes from the top seven position, the report added.

Read the complete report here