SBI to hire 25,000 people this fiscal

The country’s largest lender State Bank of India (SBI) is likely to induct about 25,000 personnel during 2009-10 across various verticles.

“We would be recruiting about 25,000 employees this fiscal and the exercise is underway,” SBI Chairman O.P. Bhatt told .

Last year, Mr. Bhatt said, the bank increased its workforce by 27,000.

As part of its strategy of focusing on rural operations, SBI is hiring 2,000 probationary officers for rural business. In addition, the bank would hire 2,500 probationary officers.

The bank is in the process of inducting 11,000 clerks for marketing, banking and advisory services and 481 officers for marketing and recovery (rural) and technical officers (farm sector).

At the same time, SBI has also recruited 500 management executives.