Saturday 21 October 2017

Bank gets 1.7 million offers for 1,500 jobs

Dean Nelson New Delhi

India's main state bank is to test a record 1.7 million young people who have applied for just 1,500 jobs as "probationary officers".

Senior officials said they were overwhelmed by the response to the State Bank of India's first major recruitment drive for officer jobs in seven years.

The number of applications – almost as many as the entire population of Northern Ireland – reflects how highly government jobs are coveted in India, despite the country's rapid economic growth.

Officials said they now have five months to whittle down the applicants, all aged between 21 and 30, to just over 7,000 and then pick the 1,824 brightest from interviews. The process will begin with examinations in schools.

Interview

Each candidate has a one in 233 chance of getting an interview and only one in 932 will land the job.

MK Rekhi, a spokesman for the bank, said it had received 3.6 million applications when it advertised for 11,000 clerks in 2009, but the latest response appears to be the highest number of applications received for senior jobs.

Pratip Chaudhuri, the bank's chairman, said he believed the bank's salary and perks package had lured so many to apply.

The successful applicants will receive a monthly salary of 69,000 rupees (€978) and an accommodation allowance of 31,000 rupees (€440). (© Daily Telegraph, London)

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