Hiring In Banking Sector Likely To Go Up By 30 Percent This Year

Currently IDBI Bank has about 1,082 branches across the country and one branch in Dubai.

Attrition in IDBI bank, which provides rigorous training and mentoring programme, is very low, he added.

Bank of Maharashtra Executive Director C V R Rajendran said to manage all aspect of banking an executive has to have experience in rural, semi rural, urban and metro branches.

"So when we recruit we want people from all geographies to man rural branches with right attitude and an understanding about the language and culture of the area," he added.

After the RBI giving licenses to new banks, he said, Bank of Maharashtra is expecting huge attrition.

"Our attrition level is very low till now, however, the RBI giving licenses to new banks we are expecting huge attrition plus 800 people are retiring this year. So, to prepare for such a situation we are hiring 30 percent more than our required manpower. This year we will be hiring 2,000 executives," he added.

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