SyndicateBank, SBI, BOB To Offer Rs 50 Lakhs Salary Package To These Posts

Top Public Sector Banks are offering much higher Salary Package to certain selective posts – If your are performer and specialized in the following areas, you’re now best suited for the top Public Sector Banks with higher salary package up to Rs 50 Lakhs and more. State-owned banks turning competitive and tapping talents across the hierarchy with specialized functions such as Wealth Management, Analytics, Business Strategy, Digital Banking and Customer Services. 

New positions and designations are created for multiple verticals like chief ethics officer, chief marketing officer, chief investment officer, chief learning officer, head of analytics and digital marketing campaigner.

Read – Public Sector Banks To Hire More Than One Lakh People This Fiscal

PSBs are looking for new-age talent for an image makeover against the the weight of mounting non-performing assets. Traditionally, public sector banks mainly hire personnel at lower positions like the clerk, management trainees and probationary officers or POs.

“We need a new type of manpower as they will be put in new areas like digital marketing and stressed asset recovery,” Mrutyunjay Mahapatra, CEO, Syndicate Bank said.

Syndicate Bank is recruiting 500 people this financial year, according to Economic Times. According to TeamLease, SBI, besides fresh hiring, the bank is also looking to appoint 5,000 people through lateral hires in preparation for the potential business expansion on the cards over the coming quarters.

In a bid to accelerate their digital transformation and adoption of new-age banking practices, public sector banks (PSBs) are looking to hire as many as 100,000 people by 2019. PSBs like Bank of Baroda, Canara Bank, State Bank of India (SBI) and Syndicate Banks are in the process of doubling their hiring plans.