SBI Recruitment 2020. 3850 officer openings. More details can be found on the official website of the bank https://www.sbi.co.in/web/careers
The last date to fill the applications is August 16, 2020. Candidate with graduation or a similar degree is eligible. Also, the candidates will need to appear for an interview and will be selected based on that.
Selected candidates will join either of the following circles
3850 Circle Based Officer posts Gujarat-750 Posts Karnataka-750 Posts Madhya Pradesh-296 Posts Chhattisgarh-104 Posts Tamil Nadu-55 Posts Telangana-550 Posts Rajasthan 300-Posts Maharashtra (excluding Mumbai)-517 Posts Goa-33 Posts
Application Fee: A fee of Rs.750 is applicable for General candidates, but SC/ST candidates will have no fee
Important Dates to remember: Starting date to fill the application: July 27, 2020 Last Date: August 16, 2020
SBI plans to hire 2000 people in the next 6 months to fill junior to mid-level executives. The banks look to capitalize on rural lending and fee-based businesses. The current peers of SBI are reluctant to grow in these areas.
SBI plans to create a new microfinance vertical. Employees with experience in rural and agricultural sectors will be appointed in that vertical. These appointments will be in sales and call centers and credit card businesses
An SBI official says that alongside the usual recruiting, the bank plans to add 400 more people in its newly formed financial inclusion vertical. He adds that these new people will have an agricultural and rural banking background.
At the beginning of June, SBI creates a new vertical just to focus on financial inclusion and micro-markets (FI&MM). Earlier, a few months ago, SBI lists SBI cards. There are plans to enhance this with the new growth plans. 1500 new people will be added to the sales and call center verticals
Some of them are mid-level employees. Junior people will be
working more on the street sales with salary ranging from Rs.15,000 to
Ideal candidates with MBA and graduation can apply for these roles. Also, candidates with only plus-two certification can apply, provided they have enough experience in this field
The previous year, SBI recruits 2000 officers and 8000 clerks across the country. Some of them are still set to join the bank.
How did the bank fare in the times of Corona?
Looks like the bank is not affected that much by the impact of Corona and actually showed improvement. In the Jan-Mar FY20 quarter, the bank reports a 71% reduction in the pre-tax profit, which is due to bad loan provisioning.