Public Banks Will Vacancy Bumper, 80,000 Employees Will Retire In Two Years

Public sector banks including State Bank of India at 80,000 officers and staff would retire in two years. The large number of vacancies in these banks will. Official sources said 39 756 official employees of these banks in the current financial year, is retiring. Of these 19 065 and 14 669 clerical officer grade staff. Also 6022 sub personnel would retire this year. 39,000 employees will retire in the next financial year. 18 506 officials and 14 458 of them are clerical cadre. India SBI, IDBI Bank and a total of 22 public sector banks, including Bank of India are women. SBI's five subsidiaries. A large number of employees at the level of the middle class are vacant, so the Ministry of Finance to provide some flexibility for the placement at a moderate level thinking. Currently, banks can appoint on contract basis. Last week Finance Minister Arun Jaitley said that the bank would like to recruit from campuses, but there are some legal hurdles. He said that the Supreme Court is about an order giving the state-owned banks in these appointments are open to flexibility is difficult.

Ref -  http://khabar.ndtv.com/news/business/80k-bank-employees-to-retire-in-next-two-years-1207850