PSU banks to hire 63,200 people this year, SBI the maximum: Chidambaram

Finance Minister P. Chidambaram has said India's public sector banks will hire 63,200 people in the current financial year, nearly a third of which will be by the State Bank of India (SBI).

The finance minister said the fresh recruitment will be in clerical as well as officers' positions.

"There is huge job opportunities for young men and women in banks... public sector banks will hire 63,200 people this year,"Chidambaram said at a media conference after meeting heads of public sector banks and financial institutions in New Delhi.

Chidambaram said there were a total of 84,489 vacancies in the public sector banks at the end of the last financial year, of which 63,200 posts will be filled up in 2012-13.

"It's a very attractive career, and young men and women must take advantage of it," he said.

Chidambaram said private sector banks were also likely to increase their headcounts in the current financial year.

with inputs from PTI