Investing Banking

A sign of the times a record 3.6 million job seekers across India applied for about 11000 clerical openings at the State Bank of India last month. Over the past year working in the private sector has become less lucrative, owing to the recession and cost cutting drives. Private sector jobs used to attract people for their well paying salaries, but are now considered by many to be ‘here today gone tomorrow’ jobs. But during the economic downturn, government employees didnt face any threat of …

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