Recruitment by Indian banks and PSUs

       For the foreign banks this might be the time for job cuts and cost cutting but Indian banks are doing exactly opposite to that by raising their men power.

         All the Indian banks seem to be unaffected by the downturn and  lower sales volume as they all are very busy in recruiting young professionals. Many Indian banks and PSUs are on a hiring spree now a days as they are planning to add thousands of young professionals in their men power.

       India's largest insurer LIC has decided to hire 45,000 out of that10,000 will be hired before March. Biggest lender of the country SBI will hire 25,000 professionals out of which 20,000 will be on a clerical posts and 5,000 will be for a supervisory posts. Some other nationalised banks like Bank Of Baroda , Indian Overseas Bank and Union Bank Of India are also planing to enhance their men power.