'Staff crunch in public sector banks'

The public sector banks have a shortage of one lakh staff and the shortfall needs to be filled up immediately to cope with rapid expansion plans and provide better customer services. "People are retiring. And the banks also have rapid expansion plans. There is a staff shortage of around one lakh, including officers and other cadre," the General Secretary, All India Bank Officers' Confederation, Mr Amar Pal, said. The situation has come to such a pass that there has been virtually no recruitment for 20 years. Moreover, because of long-drawn recruitment process, it is found that many of those shortlisted for appointment have taken employment elsewhere, he said.