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85,000 Vacancies in Multiple PSU Banks

22:45
With an estimated 85,000 vacancies in various PSU banks to be filled this year and newprivate players set to enter the sector soon, opportunities for aspirants can only rise.

At a time when there is a reduction in hiring and campus placements by the IT sector, banking is one of the few industries that is optimistic.

As the Reserve Bank of India is planning to open up the banking sector with new players set to be given licences, a lot of jobs will be created over the next few years. Keeping this in mind, NIIT IFBI is offering diploma programmes for students to get them ready for the times ahead.

Setting up new banks

Bimal Jain, president, NIIT IFBI, says, “With India close to fulfilling its long-awaited commitment of opening up more banks in order to achieve financial inclusion, job opportunities in the banking sector are set to rise. There are an estimated 85,000 vacancies in various PSU banks across the country for the year 2013-14 and the government is keen on filling these in the current fiscal year.” He adds, “As per other industry reports, 3,00,000 people will be hired by PSU banks alone in the next three years.
Analysts are of the view that with the opening of new banks, at least 10,000 more jobs will get created.

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