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Central Bank of India to hire 3,000 people

Central Bank of India plans to increase its manpower by 8% this fiscal with specific focus on hiring from northeast India.

, ET Bureau|
Updated: Apr 16, 2012, 12.17 AM IST
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GUWAHATI: Central Bank of India plans to increase its manpower by 8% this fiscal with specific focus on hiring from northeast India. The state-run lender is targeting 20% growth in 2012-13 while its business in northeast India is likely to grow by 40%, chairman and managing director MV Tanksale said.

The bank plans to recruit 1,000 probationary officers and 2,000 clerks, he said. The bank, with a business mix of 3.48 lakh crore, has 38,000 people on its rolls. Around 1,500 personnel retire from the bank annually. "We will launch special recruitment drive in the northeast," said Tanksale.

The bank plans to go on an aggressive branch expansion by adding 250 more branches across the country to its present tally of 4,000. It will add 1,300 ATMS to the 1,700 already set up. It has selected 200 pockets for setting up ultra small branches to serve people in the country's interiors.

Currently, the lender has 136 branches in northeast India. It plans to open another 20 this fiscal. The total business in northeast is close to 5,000 crore.

As on March 31, the bank's advances stood at 1.51 lakh crore and deposits were at 1.97 lakh crore.




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