News: IBA says banks hired 3 lakh employees in past four years

Strategic HR

IBA says banks hired 3 lakh employees in past four years

State-run banks hired nearly 3 lakh personnel, including over 94,000 officers, in the last four years, according to data released by industry lobby IBA. The public sector banks hired 2,97,896 staff between April, 2009 and August, 2013, the Indian Banks Association (IBA) said, while refuting the reports that banks have gone slow or are not hiring at all. "Banks are periodically making manpower assessment and recruiting personnel based on vacancies caused by superannuation, attrition, expansion of branches etc," IBA Deputy Chief Executive K Unnikrishnan said.

State-run banks hired nearly 3 lakh personnel, including over 94,000 officers, in the last four years, according to data released by industry lobby IBA. The public sector banks hired 2,97,896 staff between April, 2009 and August, 2013, the Indian Banks Association (IBA) said, while refuting the reports that banks have gone slow or are not hiring at all. "Banks are periodically making manpower assessment and recruiting personnel based on vacancies caused by superannuation, attrition, expansion of branches etc," IBA Deputy Chief Executive K Unnikrishnan said.

Read the Economic Times news report here.

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Topics: Strategic HR, #Trends, #National

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