MUMBAI: State Bank of India group would be hiring about 2,000 junior to middle level executives in the next six months as it looks to capitalise on the potential to grow rural lending and fee based businesses when peers are hesitant to grow, said two people familiar with the plans.
While people with experience in rural and agriculture will be recruited through newly set up micro finance vertical, appointments will take place in sales and call centres expanding credit card business.
“Besides the normal replacement recruitments, the bank plans to hire 400 for the newly formed financial inclusion vertical,” said a senior SBI official.
These people will have a background in agriculture and rural banking, the person said.
The bank created a separate vertical to focus on financial inclusion and micro markets (FI&MM) earlier at the beginning of June.
SBI Cards, which was listed a few months ago, is now gearing up with growth plans. The company is now planning to hire about 1,500 people across sales and call centre verticals.
Source: The Economic Times
