State Bank of India to recruit 7,200 as 8,100 staff set to retire in FY15

State Bank of India to recruit 7,200 as 8,100 staff set to retire in FY15

State Bank of India, the country’s largest lender, plans to recruit about 7,200 people even as nearly 8,100 members of its staff are due to retire during the current fiscal, as it seeks to increase its dependence on technology for a number of routine tasks. It is planning to introduce teller machines in place of employees and they also recognize fake notes. “I am trying to get a lot of technology to help my people so that they spend less of their time on activities that don’t really need a lot of thinking and knowledge. For routine stuff such as cash counting we are bringing more and more machines said SBI chairman.

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