Lateral Hiring: Golden opportunity for SBI and Bank of Baroda going to Lateral Hiring, Bank Jobs! The country’s largest bank, State Bank of India (SBI) and Bank of Baroda (BoB) are set for literal hiring for the fulfillment of e-banking services. Read full news for detailed information.
New Delhi: After the global pandemic, the country is moving rapidly towards digitalization. In such a situation, many banks are also moving towards digital banking for the convenience of customers. Many state-run banks are preparing for literal hiring for e-banking services. The largest banks in the country are Lateral Hiring, State Bank of India (SBI) and Bank of Baroda (BoB). Let us tell you that to promote digital banking, the bank will now do literal hiring at mid-level and junior level as well. In this, people associated with IT sector and private bank will be given an opportunity.
What is literal hearing?
Literal hiring is the process in which a specialist is recruited from another institution for a particular job. According to the public sector bank, the salary of direct hired employees and probationary officer (PO) is also different. Internal candidate is a permanent employee. Whereas employees with literal hiring are admitted on a contract.
Opportunity to work in Bank of Baroda
Bank of Baroda (BoB) is doing lateral hiring for some verticals like digital landing and mobile banking. In April 2019, Dena Bank and Vijaya Bank were merged into BoB. The bank had over 84,000 employees at the end of FY15. The mobile banking customers of this bank have more than doubled by 31 December on a year-on-year basis. Bank of Baroda is planning to appoint consultant for literal hiring at mid-level and junior level on contract basis.
SBI will give opportunity on these posts
SBI said in its FY20 report that it is doing literal hiring on contract basis to look at its wealth management, IT, information security, risk and credit areas. This is to meet the demands and regulatory norms of a rapidly changing landscape.
