Good news lined up for the aspirants looking to work with Allahabad bank. Allahabad Bank will be recruiting new employees this year. The bank is seeking to hire 1,100 new people by the end of this fiscal.
The chairman and managing director of the bank stated that 600 recruitments will be made at the officer level and the remaining 500 will be of clerical grade. Further he also stated that the bank has received nod from the RBI, for a qualified institutional placement of Rs 320 crore. Senior official said, has also sought a capital infusion to the tune of about ₹ 1,100 crore from the Centre for this fiscal.