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OBC to recruit 1,550 personnel October 31, 2009
New Delhi, (DMA Newsdesk): State-run lender Oriental Bank of Commerce (OBC)is planning to go ahead and recruit about 1,550 personnel, including 100 marketing managers, over the next six months in order to meet its man-power requirement and proposed branch expansion.

“The bank intends to recruit more than 1,550 personnel, including 100 Marketing Managers and 83 Agriculture Officer and some specialist officer, during 2009-10,” OBC Executive Director H Rathnakara Hegde said.

The bank had recruited 1,427 personnel in various cadre in last fiscal.

The fresh round of recruitment would help bank in meeting its man power requirements for its proposed branch and business expansion, he said.

The bank plans to open about 103 branches by the end of December.

The bank has got licence to open 117 branches from the banking sector regulator, he said, adding that it has already opened 14 branches and remaining will come up by the end of this year.

For the second quarter ended September 2009, the OBC reported a 14.31 per cent growth in net profit at Rs 270.80 crore on the back of increase in interest income and other income.
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