With the RBI allowing retired teachers, kirana shop owners and public call office (PCO) operators to be hired as business correspondents, banks are set to hire over 200000 people over the next few years to push financial inclusion initiatives.
While the country’s largest lender, State Bank of India, is expected to hire at least 40,000 persons, Punjab National Bank is looking at an additional 75,000, while Union Bank of India intends to hire 50,000 business correspondents over the next two to three years.
The correspondents would be involved in collecting deposits, helping account holders withdraw cash and also sell other financial products such as life insurance.
Source: http://www.business-standard.com/india/news/200000-recruits-to-bring-bank-to-your-doorstep/383022/
2,00,000 RECRUITS TO BRING BANK TO YOUR DOORSTEP
Labels: BANKING N FINANCE
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