Over 41,000 Posts Vacant At Public Sector Banks: Govt Tells Parliament

Union Finance Minister Nirmala Sitharaman informed the Parliament on Monday (13 December) that 41,177 positions, or 5 per cent of the total sanctioned posts, at public sector banks (PSBs) are lying vacant as of 1 December 2021.

Out of these, the State Bank of India (SBI) has 8,544 vacancies, the highest among all PSBs, as of now.

In total, there are over 8,05,986 sanctioned posts across the 12 PSBs.

“As on 1.12.2021, there are 8,05,986 sanctioned posts and 41,177 vacant posts in public sector banks,” Sitharaman said in a written reply to a question in the Lok Sabha, reports Hindustan Times.

Sitharaman was aked in the lower house about whether the PSBs have been unable to perform their duties properly due to a purported shortage of staff in the PSBs.

However, the minister said that 95 per cent staff is in position in the PSBs against the sanctioned staff strength.

She further added that the small proportion of vacancies is ‘substantially attributable’ to attrition on account of superannuation and some other factors.