SBI PO Recruitment 2012: Notification, Eligibility, Cut Off

State Bank of India (SBI) is the largest bank of India. The Government of India has categorized SBI and its Associates banks differently from other Public Sector Banks. Actually, State Bank of India was the first bank to be nationalized in 1955 from erstwhile Imperial Bank of India. Other banks were also nationalized at the same time (SBI Associates) and these banks were only banks to be called Public Sector Banks. Later, in 1969 and 1980, Indira Gandhi nationalized 20 banks which came to be known as nationalized banks and categorized differently than State Bank of India. Currently, there are 19 nationalized banks. The different category was also necessitated because of ownership issue. SBI and its Associates were held by RBI (not now) and nationalized banks were held by the Government of India.

My main aim to discuss about these two categories is to put some light on the major change that has happened in the realm of Probationary Officers (PO) recruitment in India. Now, a Common Written Exam will be conducted for all nationalized banks – for both PO and Clerk. The process has already been successfully completed by the IBPS by conducting the first Common Written Exam in 2011.

Categorized differently, SBI and its Associates will not take part in Common Written Exam held by IBPS.

As indicated by SBI Chief Mr. Prateep Chaudhary, the SBI is going to conduct a really big recruitment drive for Probationary Officers in 2012. The huge expansion plan that SBI is following will need more and more officers. However, he hinted that majority of appointment of PO will be for rural and semi urban areas because the group is focusing in those areas as mandated by the Government of India for the purpose of inclusive banking.

Notification:

The notification of SBI PO 2012 is expected to come in February, 2012. Though, it is a bit tough to say the no. of posts, but one should expect about 7,000.

However, there is a bit caveat here. SBI is planning for Rights Issue because it needs Rs. 20,000 Crore to infuse in its whole process. There is some problem in this Rights Issue and Finance Ministry is not satisfied with the current level of SBI – as seen in the recent degradation of ranking. The Right Issue will also be an indication for the notification. The expansion depends a lot on this capital infusion.

Eligibility:

The eligibility will remain the same. 21-30 years of age and 60% of marks in graduation for General Category students.