PSU banks to recruit 45000 personnel in FY 2012

According to TOI, PSU banks are going to recruit 45,000 personnel in FY 2012. There are large number of employment opportunities in the banking sector because of following reasons -
o    Branch expansion
o    New activities like insurance policies, MFs and other financial products
o    Large number of retirees in near future
It’s also said that a common entrance test will be conducted for 19 nationalized banks.
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