Canara Bank may Recruit at least 3,000 People this Fiscal Year

By: Poonam Shah | Views: 1274 | Date: 28-Jul-2011

Indian public sector lender Canara Bank may recruit up to 3,000 people in the current financial year (2011-12) for various posts like clerks, probationary officers, and agricultural officers and in specialist positions like in information technology, Executive Director, Archana S. Bhargava said.


Hyderabad: Indian public sector lender Canara Bank may recruit up to 3,000 people in the current financial year (2011-12) for various posts like clerks, probationary officers, and agricultural officers and in specialist positions like in information technology, Executive Director, Archana S. Bhargava said.
"We have significant retirements which are to be replaced and branch expansion program during the current year,'' Bhargava told media.

 

Earlier this year, Chairman of recruitment body Institute of Banking Personnel Selection (IBPS) M V Nair had said that public lenders are expected to recruit over 400,000 employees in the next couple of years, as a large number of current employees are due to retire soon.


Canara Bank may open over 250 new branches by the end of March 31, 2012, Bhargava said, adding the bank may also look at opening three new microfinance branches in the southeastern state of Andhra Pradesh -- the largest microfinance market in the country.


The bank is also in the process of opening overseas branches in Germany, Bahrain, Japan, Zedda and the United States, Bhargava added.

 

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