State-run banks grappling with shortage of 56,000 employees: Report

Posted By: Religare
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According to media reports, state-run banks are facing a shortage of over 56,000 employees across different cadres.

As on March 2013, 25 public sector banks had vacancies of 23,794, with Bank of Baroda accounting for 5,815 of them, with the same for Syndicate Bank, Andhra Bank, Bank of India, Allahabad Bank, Punjab & Sind Bank and Punjab National Bank being 1,500, 1,484, 1,473, 1,450, 1,454 and 1,119, respectively.

In the clerical cadre, the vacant positions in state-run banks including five associate banks of State Bank of India stand at 22,347.

Bank of Baroda has 3,615 vacancies in the clerical cadre with Allahabad Bank and the State Bank of Travancore needing to fill 2,627 and 2,500 positions, respectively at the end of 2012-13.

In the clerical cadre, Punjab National Bank has a shortage of nearly 2,200 employees while the same for Bank of India is 1,468.

At sub-staff level, the vacant positions in public sector banks stand at 9,881.

Public Sector Banks are expected to hire 50,000 employees this fiscal and add 10,000 branches.

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