New Delhi, May 9 (IANS) The State Bank of India (SBI) is in the process of hiring nearly 12,000 employees who will be trained for various roles, including IT, its Chairman Dinesh Khara said on Thursday.
The country’s largest lender had a total employee strength of 2,32,296 in FY24, down from 2,35,858 in the previous fiscal year.
“Around 11,000 to 12,000 employees are in the hiring process. These are general employees, but we actually are having a system where at our associate level and officers’ level, around 85 per cent of them are engineers,” Khara said as the bank posted a 24 per cent jump in net profit at Rs 20,698 crore in the fourth quarter of FY24.
He said that the bank will give new hires “some exposure to understand banking and thereafter, we start channelising them into various associate roles and some of them will be channelised in IT”.
The SBI declared a dividend of Rs 13.70 per share for FY24. The net NPA fell to 0.57 per cent compared to 0.67 per cent last year. In Q4, total income went up to Rs 1.28 lakh crore from Rs 1.06 lakh crore in the year-ago period.
–IANS
na/vd
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
