PSBs hire apprentices to boost rural outreach
Business Standard|September 30, 2024
Several public sector banks are hiring apprentices for the first time through their apprenticeship programmes to improve customer relations in semi-urban and rural areas, amid a gradual decline in the workforce over the years.
ABHIJIT l.El.E & AATHIRA VARIER

Recently, Union Bank of India, Indian Overseas Bank, and Canara Bank announced that they would recruit 500, 550, and 3000 graduates, respectively, in FY25 under a year-long apprenticeship programme for a stipend of up to ₹15,000. According to executives from these banks, they are hiring apprentices for the first time.

Bank of India has also received board approval to recruit in a staggered manner 1,300 apprentices, who are likely to be deployed in customer relations, which, according to an executive from the lender, are becoming crucial, especially for liabilities mobilisation.

This story is from the September 30, 2024 edition of Business Standard.

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This story is from the September 30, 2024 edition of Business Standard.

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