State Bank of India (SBI) has announced the results of the written examination for recruitment of probationary officers.
As per the notification available on its portal today, qualified candidates must download the interview call letters and biodata format from June 18. The second phase of exam consisting of group discussion and interview would commence from July 3.
The result is much-awaited as over 17 lakh candidates had applied for 1,500 vacancies for which the written examination was conducted on April 28, 2012. This was the highest number of applicants SBI had received in recent times.
Just over 3,000 applicants have qualified for the Stage-II of the examination, the result sheet on SBI portal showed. That means only one candidate made it out of every 386 aspirants who took the exam.
“The project is scheduled to be completed by end of August 2013,” SBI said in a statement.
A probationary officer in SBI earns a maximum salary of up to Rs 69,000 a month in Mumbai, while it would be around Rs 50,000 in other places.
Public sector banks are now seen as largest employers and as per provisional figures, they are likely to hire over 60,000 officers and clerks in the current financial year.