07-Jun-2011
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As a measure to avoid the staff crunch due to a huge wave of retirement of employees recruited during a major expansion drive in late 70s and early 80s
As a measure to avoid the staff crunch due to a huge wave of retirement of employees recruited during a major expansion drive in late 70s and early 80s, the public sector banks are expected to hire over 4 lakh in next two years. This recruitment drive is not only for replacement of retirees, but also to handle the attrition among fresh recruits and to fill positions in new branches.
Source : www.economictimes.com, June 1, 2011. “Public Sector Banks to hire over 4 lakh in two years”