Bank of Baroda to hire 4,000 officers, clerks

Bank of Baroda will be hiring about 4,000 officers and clerks soon, according to its Chairman and Managing Director, Mr M. D. Mallya.

“This will cater to our major branch expansion plan during the next financial year and replacement of retired staff,” Mr Mallya told Business Line here.

The bank has plans to open over 500 branches in the next one year which would need manpower, he added.

The recruitment will be conducted on the basis on a common written exam being conducted by the Institute of Banking Personal Selection as part of an agreement it entered into with 19 banks. 

Source:Bussiness Line.

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'Common bank test is an eligibility exam'

The common written examination conducted by the Institute of Banking Personnel Selection (IBPS) is an 'eligibility' exam, Mr M. Balachandran, Director, IBPS, said.

The IBPS prescribes minimum requirements, taking into account the least of the qualifying criteria stipulated by the participating banks, so that all aspirants can participate in the exam, he said.

 

Individual banks' requirements

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In the next 5 years, banks will have to recruit almost 7.5 lakh people :

Mr M. Balachandran, Director, Institute of Banking Personnel Selection

Talent shortage is a universal problem. But perhaps nowhere else is it going to show up as much as in the banking sector in the country. About 7.5 lakh persons need to be recruited in the banking sector in the next five years.

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AP leads in number of applicants for bank probationary officers' exam:

Asked what the disaggregated statistics on applicants revealed, Prof. Dutt said, “In the officer cadre, the maximum number of applicants were from Andhra Pradesh while for the clerical cadre the highest number of applicants were from Uttar Pradesh.”

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