Private Sector Banks

Public sector banks may soon hire directly from campuses Public sector banks (PSBs), which are finding the going tough with rising levels of non-performing assets (NPAs) and acute shortage of staff, will soon be allowed to visit the country’s business and engineering schools for recruitment. Public sector banks may soon hire directly from campuses Public sector banks (PSBs), which are finding the going tough with rising levels of non-performing assets (NPAs) and acute shortage of staff, will soon be allowed to visit the country’s business and engineering schools for recruitment. The Bombay High Court in 2013 declared campus recruitments by PSBs as being ‘non-est in law’-- a claim of non est factum refers to a contract that was signed by mistake. The Supreme Court later dismissed the appeal and thereafter the government issued a circular dated August 4, 2014 to all state-owned banks to stop campus recruitments in the light of the judgment.

 

Major Public Sector Banks

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