Banking India

Bank of Hyderabad (S.B.H)

The SBH was established with the aim to provide affordable banking and credit facilities to encourage economic growth in farming, trade and commerce in 1942. The need for the strong, integrated banking institutions with penetration throughout India in the post-independence period led to the fusion of 10 banks associated with states with the State Bank of India (SBI) in 1959. The SBH was required to undertake every business entrusted upon it by the Reserve Bank of India (RBI). The coming up of many new businesses meant that the small scale industries were given preference in initial years. Post 1959, many changes occurred in the organizational structure, power and functions of SBH.

SBH made steady progress in the next 4 decades with capital raised increasing by 442%, deposits increasing by 120 times to Rs 3,194.51 crores, advances made to small scale industries increasing 100 times and export finance increasing by 685%.

The bank required a recruitment policy to ensure that the bank’s assets are managed effectively, economically with least friction. So, the bank required people with different levels of skills and talents at the different levels. SBH needs to provide safety to depositors and channelize it to the needy sectors. The employees ought to have sensitiveness to social forces and thus a proper recruitment process is a must to recruit employees with the required skills, attitude, motivation and application. The recruitment process had to be standard, scientific, consistent and fair.

RECRUITMENT

Clerical and Junior Management – SBH recruitment for junior management cadre and clerical personnel is done by Regional recruitment boards. The direct selection is made based on the basis of aggregate marks of written examination and interview. Selected candidates are kept on probation after which they are confirmed as officers.

There are 4 kinds of specialists officers in the banks.

1. Law Officers
2. Security Officers
3. Technical Officers
4. Chief Engineers

Most of the officer cadres are indirect recruits who are appointed on the basis of recommendations of an Interview Committee or Regional Recruitment Board.

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