For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Banking sector to create 8 lakh jobs in next 6 yrs: Assocham

By Religare
|
Banking sector to create 8 lakh jobs in next 6 yrs: Assocham
An Assocham study has said that India's banking sector will create eight lakh jobs in the next six years, mainly due to expansion of branches, addition of new banks and retirement of experienced staff.
 

According to the media reports, Assocham said that twenty-six public sector banks are going to hire 50,000 employees in the current fiscal. Besides, 20 private sector banks, regional rural banks and foreign banks put together will hire more than 50,000 personnel during 2013-14.

"This trend is likely to continue in the years to come as business volume and growth will go up along with entry of new private banks in the sector," said Assocham Secretary General D S Rawat.

Public sector banks had a sanctioned strength of about 8 lakh employees as on March 31, 2012.

Dion Global Solutions Ltd.

Read more about: banks jobs
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more