Lakhs of Banking Jobs

7.5 Lakh Bank Jobs

The Banking Industry is going to recruit more than 7.5 lakh Officers and Clerks in the next 5-7 years.

 

The Never Before Opportunity

Banking Industry, post-nationalisation (19th July, 1969), had witnessed a massive expansion of branch net-work which in-turn led to large scale staff recruitment.

 

In this Expansion Phase which lasted for 15 years between 1973 to 1988 there was, on an average, 40,000 increase in staff strength of clerks and officers per year. As against this, the average increase in the banking staff during the Consolidation Phase which lasted for 24 years (from 1988 to 2012) was only 3,200 per year.

 

All those persons recruited during the Expansion Phase (40,000 every year for 15 years from 1973 to 1988) have started retiring from 2012. From 2012-13, 50-55,000 persons have been recruited every year in public sector banks alone. The recruitment trend is going to continue for at least next 5-7 years.

 

IBPS (Institute of Banking Personnel Selection, Mumbai) conducts almost 99% Bank Recruitment exams.

 

As per one estimate of IBPS there will be a recruitment of 7.5 lakh persons in the banks in India in the next 5-7 years.

 

IBPS has recently introduced the concept of Common Written Exam (CWE) for recruitment of Officer and Clerks in 20 Nationalised Banks. In this, the candidates are required to give only one exam and one interview to get a job in Nationalised Banks.

 

The next few years therefore offer a never before opportunity to the Graduates in the country to get jobs in the coveted banking sector.

 

The Solution

Seven-S Academy of Banking will help you to achieve this objective - Quickly and Effortlessly.