If a bank job is your dream, the coming months are likely to see an uptick in the job offers.

    The employment opportunities in the banking sector will open up during October-November period with the Reserve Bank of India expected to issue small and payment bank licences next month.

    Headhunters said that there has been a “huge” increase in the interest from Indians residing outside the country to get back home, and are looking for mid to senior level executive posts in the banks.

    At least 40,000 new jobs are expected to be generated in the next couple of years in the banking sector alone.

    “We have been receiving piles of applications seeking jobs in the banking sector from Indians living abroad,” a Delhi-based search firm said.

    The reason for this, headhunters say, is that India is poised to grow faster than any other economy in the next few years, while Europe will remain uncertain with the Greek crisis though the US economy has started showing signs of a revival.

    “There will be thousands of fresh jobs in the banking sector and recruitment would start by October. There will be clarity once the bank licences are issued,” said Ronesh Puri, MD, Executive Access.

    “Unless an existing microfinance company, or non-banking finance company, is converting into a bank, all others would require large number of employees,” Ashvin Parekh, managing partner, Ashvin Parekh Advisory Services said.

    Job search firms also said that several employees engaged with the existing banks – both private and public – are looking for a switch.

    “There is likely to be exodus as well,” a senior executive at a large private sector bank said. Sources also said that hundreds would be tapped from the public sector banks, where most employees have to adhere to the government pay scale, which are significantly lower than the private sector.

    Small banks will be able to provide only basic banking services of acceptance of deposits and lendings. A payments bank will be able to accept deposits, issue ATM and debit cards, and allow payments and remittances. IIFL Holdings, SKS Microfinance, among others have applied for small banks licence, while Airtel M Commerce, India Post, among those have sought payment banks.

CM comes up with measures to give women their due

  • HT Correspondent, Hindustan Times, New Delhi
  • |
  • Updated: Dec 28, 2012 01:12 IST

Delhi Chief Minister Sheila Dikshit on Thursday rued that Delhi had not been given full statehood and that control over land and police lay with the Centre.

Speaking at a national development council meeting, she also joined the prime minister in condemning all incidents of violence and sexual assault against women and said there was a dire need to ensure their safety and security.

"It is shameful that such incidents are still taking place in the city and other parts of the country," she said.

The chief minister said her government has requested Delhi Police to deploy more PCR vans and to widely publicise

police protocols and impart training to police personnel. She said Delhi Commission for Women will organise a Women Dignity March from Pragati Maidan to Rajghat on January 2.

The CM said the government had kept a plan outlay of Rs 1,380 crore in 2012-13 exclusively for schemes for women.

She said Delhi will start a dedicated round-the-clock women in distress helpline 181 in her office within a couple of days. "We are also pitching for 33% women reservation in the police force.  On our request, the high court has decided to  commission five fast track courts at the earliest," she  said.

"A consistent social campaign to reach out to the society through FM channels, advertisements has also been launched," Dikshit added.


also read

HT Exclusive

Gangrape: Six violations in two yrs, yet bus had free run

blog comments powered by Disqus