Apprenticeship Programmes: For the first time, trainee employees are being hired in large numbers in public sector banks. They will be appointed in small towns and rural areas under the Apprenticeship Programs of banks. These employees coming under the training program will help in taking the services of banks to every customer. In the last few years, the number of employees of public sector banks has decreased rapidly. Now, these people coming from the hiring being done under the apprenticeship program will fill the gap in the workforce of banks.
Approval given to train thousands of people in many banks
Recently, Union Bank of India, Canara Bank and Indian Overseas Bank have started recruiting people under the apprenticeship program. Union Bank of India has started recruitment of 500, Canara Bank 3000 and Indian Overseas Bank has started recruitment of 550 graduates. People appointed in this one year long apprenticeship program will be given an honorarium of up to Rs 15,000 every month. These banks have done apprenticeship hiring for the first time.
It will become easier to get a job in the financial sector
The Board of Bank of India has also approved to start apprenticeship program. About 1300 people will be appointed in the bank. They will be entrusted with the work of customer relations. According to K Satyanarayana Raju, MD and CEO of Canara Bank, most of the trainees will be appointed in remote areas. They will try to provide bank services to the people. By getting experience of working with banks, it will be easier for them to get a job in the financial sector.
There will be no guarantee of getting a job in banks
However, there will be no guarantee of them getting a job in banks after completion of the apprenticeship program. But, banks will benefit a lot from these. These will be used wherever banks are short of employees. These senior citizens will be able to play an important role in providing bank services to the customers. Besides, the work load on bank employees will also reduce. Most of them will be posted at their place of residence only. They can be assigned tasks like loan recovery, collection, operations, document verification and loan processing.
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