OBC on expansion, recruitment drive

The state-owned Oriental Bank of Commerce (OBC) plans to recruit over 1,500 employees, including officers, during the current fiscal to meet its growth objectives.

Talking about the expansion plans, OBC chairman and managing director Alok K Misra said on Wednesday that the bank has applied for 117 branch licences to be opened in the fiscal, which will increase its network to 1,500 branches. Of this, 70 licenses have been approved and another 47 approvals are expected shortly. 

"The bank intends to hire about 1,550 personnel, including 100 marketing managers and 83 agriculture officers during 2009-10 to meet its man power requirements for its proposed branch and business expansion," he said. 

 The bank had recruited 1,427 personnel, including 191 agricultural officers in 2008-09.