DripFin

DripFin means Drip Finance ala Drip Irrigation (i.e. small scientific value added productive measures)

Archive for Rural

SBI ( Read: 10,000+ branches / 8400+ ATM’s) to hire 3000 loan officers

The country’s biggest lender SBI is planning to hire 3,000 marketing and recovery officers ( for the position of Officer (Marketing and Recovery) for its rural operations on contractual basis) in its second such recruitment drive in less than a year, this time for its rural operations,across India.
SBI had announced in October 2007 plans to hire 3,000 marketing and recovery officers. Besides, these officers would also market the bank’s products, conduct pre-sanctioned survey, file applications and verify the documents. While the emoluments being offered in the latest hiring drive could not be ascertained, in its October announcement the bank had said these officers would be given a compensation package of Rs (2) two lakh per annum.
Source: TOI

PS: This is a potential alternative career opportunity for MFI loan officers, which are aplenty ( with maybe some/most of them possibly poorly paid and have no access to statutory benefits like Provident Fund, Insurance etc ?? ).

 

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