36 lakh Job Applicants For 11,000 SBI Posts, Do Recession Moving Out ?

Real taste of recession i.e 36 Lacs applications for the post of 11,000 for mere clerical post in Banks.

With over 36 lakh people applying for 11,000 clerical posts, SBI now faces the dilemma of how to conduct exams for such a large number of candidates. 

“It has been proposed to hold the exams in three phases, on November 8, 15 and 22, in two shifts. This way we can test 12 lakh people every day.

An advertisement put out last month by the State Bank of India (SBI) for 11,000 clerical posts all over the country has been answered by a whopping 36.11 lakh persons. Most of the applicants are post-graduates or MBAs.

Two factors are responsible for the response: the recession and a freeze on recruitment in both the public and private sectors. “This was the first ad after a long time for recruitment to a nationalised bank, and therefore the deluge,’’

Incidentally, of the 36.11 lakh applications, more than half a million are from Maharashtra and of the 11,000 posts, 1,100 are reserved for the Maharashtra circle..........................news source input by ET