Regional Rural Banks (RRBs) to recruit 10,000 people this financial year.
Regional Rural Banks (RRBs) are on a hiring spree as they expand their networks by 10 per cent every year. Primary estimate suggests the present 82 RRBs in the country will absorb about 10,000 people in this financial year.
The government of India has re-emphasised the role of rural banks in financial inclusion and has formed a committee under National Bank for Agriculture & Rural Development (NABARD) executive director SK Mitra to suggest changes in staffing pattern and hiring policy as RRBs are expected to roll out a massive ATM and business correspondents’ network soon besides setting up ultra small branches. The government will follow the Regional Rural Banks hiring exercise closely as it has initiated a study on manpower planning for these banks.
Some 5.45 lakh people took the written test conducted by the Institute of Banking Personnel Selection (IBPS) last Sunday and another 7.38 lakh people have registered for the clerical exam which is scheduled next Sunday.