Canara Bank to recruit 4,000 Clerks by June 2011 | Canara Bank Ltd. Recruitment 2011-2012 | www.canarabank.in
Canara Bank Ltd., the third largest
public sector bank Canara Bank expects to recruit around 4,000 people by June
next year.
Mr S. Raman, Chairman and Managing
Director, Canara Bank, told that human resource would be a challenge with about
5,000 employees retiring in the next three to four years. At present, Canara
Bank employs 42,363 people. The bulk of the recruitment would be in the clerk
grade - around 2,000 employees - and 1,000 employees in the officers' cadre.
“Currently, we have about 40 Chartered
Accountants but would require more for specialised areas,” he said. At present,
business per employee is at Rs 10.6 crore in the second quarter of 2010-11 from
Rs 8.4 crore last year. Profitability per employee jumped by Rs 3 lakh to Rs 10
lakh in the second quarter of 2010-11 against Rs 7 lakh a year-ago, which the
bank expects to enhance further.
Canara Bank expects to hire around 700
investment officers who would sell insurance and mutual fund products. These
investment officers would work under contract basis and not be on the bank's
roll. Mr Raman, said, “We want to improve the bank's financial inclusion
responsibility and also garner more business from agriculture by lending more
to farmers.” Therefore, the bank plans to hire about 500 rural development
officers.
The newly appointed Chairman said that
he has initiated a process to change the ‘perception related to public sector
bank'.
The first step in this regard would be
for employees to have hands-on knowledge of all the features of the products
and services.
This will enable them to sell different
banking products and services depending on the need of the customer, he added.
Content
Courtesy: thehindubusinessline.com
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