SBI to recruit 20,000 people in next four years

State Bank of India (SBI),Country’s largest banking and financial services company in India by revenue, assets and market capitalisation. It is a state-owned corporation with its headquarters in Mumbai, Maharashtra.

The Bank  is set to hire 20,000 staff across both the officer and clerical cadres over the next one year, reports the Hindu Business Line.


Public sector bank SBI had 214000 employees on its rolls as of June 2012. As of June this year SBI had 80,329 officers and 95,018 clerks on its rolls. The Bank is set to expand its staff by ten per cent over the next one year. A major part of the new recruitment that will be made by SBI over the next one year will be for the 1,200 new branches that the bank proposes to open in the current year.

Why so many Recruitments?

As you all are aware that there are large number of retirements in the banking sector  in the next 4-5 years. In SBI only, about 35-40 per cent of the staff or about 70,000-80,000 people will be retiring across all levels. Recruitment of clerks is higher in number because of a large deficit in clerical staff in many SBI’s branches as reported by MD. A recent article in businessline revealed about these vacancies.

+

New format of IIT entrance exam, 2013 to be held on June 2

 The Advance Joint Entrance Examination 2013, for admission to the undergraduate programme in IITs, under the new format will be held on June 2 after the Mains on April 7.

The Joint Admission Board (JAB) of the IITs, the apex body comprising IIT heads, has approved the dates at a meeting today, officials said.

The exam next year would be conducted by IIT—Delhi and H.C. Gupta would be the chairman of the organising committee.


The JAB had, on August 5, approved the common entrance test for admission to the undergraduate programme for 2013 based on percentile ranking.

The new format adopted by the IIT council comprises a two—tier system —— a main and an advance test. Students clearing the advance test after being screened in the Mains would be considered for admission, provided they are among the top 20 percentile in their boards.

The logistics for both the exam will be conducted by CBSE. The advance exam will be solely conducted by the IIT.

+

NEW DELHI: Protests by the IIT faculty, and at least one IIT Senate, against the new common entrance examination system notwithstanding, the government is going ahead with preparations to roll out the new look Joint Entrance Examination by 2013.

The human resource development ministry is writing to the Joint Admission Board, which is currently headed by IIT Delhi, to begin the consultation process to decide on the "nature, modalities, and timing" of the JEE-Advanced examination.


The JEE-Advanced is the second part of the two-step common admission test that was agreed to by the IIT Council at the May 28 meeting. Performance in the JEE-Advanced test will be the only criteria, which will be considered for admission to the IITs. As agreed by the IIT Council, performance in the class XII Board examination and JEE-Main will be used like a screening process to shortlist candidates.

The ministry is asking the Joint Admission Board to work out whether they want the test to be an objective or subjective test, the level of control the IIT system wants to retain over administering the test and the level of administrative support required from the CBSE. The Board will also decide on the timing of the test, whether it should be on the same day as the JEE-Main or not. The IITs would like the two exams -JEE Main and Advanced-to be held on separate days.

As far as the ministry is concerned the May 28 decision of joint meeting of the IIT, NIT and IIIT Councils is final, and asking the Board to being work on the examination is the logical next step. The groups to deal with academic issues, and interface have already been set up. Sources said that there hasn't been any communication from the Prime Minister's Office on the new system. Prime Minister Manmohan Singh assured the IIT Faculty Federation that he would speak with the human resource development minister Kapil Sibal about the objections and concerns raised by them.

+