Financial Daily from THE HINDU group of publications
Wednesday, Aug 04, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Money & Banking - Human Resources


Banks stepping into agri varsities for talent

L.N. Revathy

"They will be drawing more than an entry level staff in the banking sector, though they are only placed on a contract basis for now."

Coimbatore , Aug. 3

IT is not as if organisations in the ITES (IT Enabled Services) space alone are active in picking students off campus. Nationalised banks too have started the exercise, but are eyeing the agricultural graduates this time.

Though these banks started the drive two years ago, when they decided to recruit students from B-Schools (not the likes of IIMs or top rank B-Schools, but reputed ones) for specialised jobs such as marketing and IT, this is probably their first attempt at picking students off TNAU (Tamil Nadu Agricultural University) campus.

These banks had earlier appointed these agricultural officers through the BSRB route. After a brief halt in bank recruitment, the process appears to have started again, but this time in a different way, with the banks approaching the school/university direct, to select the right candidate.

While engineering colleges and management schools were boasting about the career prospects for students pursuing such programmes, the State agricultural universities were keeping a low profile. They were, on the other hand, counselling students to be independent and start a venture on their own with financial assistance from the bank.

Agri-based industries and the banking sector were not keen to absorb graduates in agriculture and allied disciplines. Hence, not many youngsters seemed keen to pursue these courses.

But there is reason to cheer up now. Nationalised banks have started a low-profile hunt. State Bank of India, for instance, had indicated that the bank would place (on contract basis) at least 440 agricultural officers soon.

The bank is on the job. A five-member recruitment panel visited the TNAU last week to pick candidates in the campus.

SBI sources told Business Line that 27 students had applied, of whom 26 appeared for the selection process. Only eight of these emerged successful and have been placed. "Their appointment order will follow soon," the sources said.

Incidentally, of the eight selected candidates, only one candidate is male. They have been assigned jobs on the marketing side, but for one candidate who has been placed on the technical side.

Bank sources again point out that these candidates would draw salary on par with the offerings made by the knowledge industry.

"They will be drawing more than an entry level staff in the banking sector, though they are only placed on a contract basis for now."

SBI, according to its staff, is aggressive on lateral recruitment. The bank is contemplating conducting a similar interview during the first week of August at Tuticorin for identifying candidates for its pisciculture project proposals.

More Stories on : Human Resources | Tamil Nadu

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Rupee weaker, bonds steady


Girish Gelli offloads 8.49 lakh shares of Global Trust Bank
i-flex wins S. Africa deal
HDFC fixed rate loan band at 7.75-8.5 %
Govt sweetens Senior Citizen Savings Scheme
Bond portfolios go for a toss
Banks stepping into agri varsities for talent
RBI to set up panel to implement Basel II norms
Triton to handle creatives for Yes Bank
Allahabad Bank raises FCNR, NRE rates
Andhra Bank bond rating
BoI pays Rs 33.85 cr dividend to Govt
Post office deposit scheme rates may continue: Panel
Provisioning linked to age of NPAs — RBI asks FIs to adopt graded system
Current a/c in urban co-ops gets tougher
Family Health gets ISO certification
New SBH GM



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line