Standard Chartered to recruit 2000 professionals by this year

Submitted by Anuj Gupta on Mon, 03/02/2009 - 07:52

Standard CharteredGlobal Banking giant, Standard Chartered revealed on Saturday that it has no plans to freeze hiring in India despite the ongoing market conditions. In an official statement, Standard Chartered informed that it would recruit around 2,000 professionals this year.

It may be noted that, StanChart had recruited 4,000 people in the last calendar year but has decided to scale down fresh recruitments in the face of financial meltdown that has hit its operations globally.

A company official, commenting on issue said, “We have not stopped hiring. Although, the number of new recruits may be lower in 2009 as compared to last year, the bank plans to recruit 1,500-2,000 people in the current calendar year.''

In last two months, Standard Chartered Bank has already recruited 110 people and plans to hire 28 more people by July to strengthen its various business divisions.

Presently, the lender has staff strength of 19,000 in India as against its global headcount of 75,000.


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Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

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Shares of Reliance surged 0.3% at Rs. 939.3 in proportion to the Mumbai market at 1.26pm, while EIH shares witnessed a 4.5% rise at Rs. 150.2.

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