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RBI ON BANK ATTRITION
SBI's improving performance warrants better valuation, chairman Setty says: ReportState Bank of India's chairman believes the bank is undervalued, citing improvements in financial strength, customer base, and earnings. He...- India's cybersecurity talent gap grows as skills prove hard to findIndia faces a critical cybersecurity talent shortage, with nearly 39,000 unfilled positions, especially in emerging fields like IoT and blo...
- Attrition rate surges among junior staff in private banksPrivate sector banks are facing high turnover rates, especially in loan and credit card sales roles, with attrition more than doubling by D...
- High employee attrition of 25 pc in private banks pose operational risk: RBI ReportEmployee attrition in private sector banks has risen to about 25 per cent, posing significant operational risks. The Reserve Bank of India ...
- Mend ways or face more curbs: RBI to banks, NBFCsThe RBI warned banks and finance companies to prudently manage unsecured exposure levels to avoid systemic risks. Despite rising bank profi...
- Attrition eases in India's private sector banksPrivate sector banks in India saw a notable reduction in employee attrition during FY24 after it had surged in FY23. HDFC, ICICI, and Kotak...
- HDFC Bank sees priority sector loan shortfall rise by 25% in one yearHDFC Bank saw a 25% rise in PSL shortfall, largely due to small farmers necessitating RIDF bonds. Suresh Ganapathy aims for a pre-merger cr...
- Hiring of temporary staff to sell credit cards, personal loans continues to growThe demand for manpower to sell credit cards and loans in India is increasing, despite the Reserve Bank of India's stricture on unsecured l...
- RBI 'closely' watching high attrition at some private banks: Shaktikanta DasReserve Bank of India (RBI) Governor Shaktikanta Das addressed concerns regarding attrition within some private sector banks, highlighting ...
- Payment aggregators to approach RBI; IT firms cut variable pay; and ED's loan app probe finds Rs 800 cr crime proceedsPayment aggregators which are already on the tenterhooks with the Reserve Bank of India’s diktat on lending rules are set to lobby the cent...
- Razorpay, Pine Labs get RBI aggregator nod; TCS records disappointing earningsAfter months of speculations fintech firms, Razorpay and Pine Labs have received in-principle approval from the central bank for a payment ...
- RBL stock tanks over 22% as Street weighs new CEO's 'compatibility'"Although RBL Bank has addressed the investors' concern over asset quality trend and stability of liability franchise to a great extent ove...
- YES Bank shares rally 31% as analysts say key concerns addressedNo RBI observation reinforces investors’ belief which was shaken over the past six months.
- RBI member S Gurumurthy complains to Governor on Viral Acharya SpeechGurumurthy told ET “Acharya going public on issues not discussed in or disclosed to the board which met just two days earlier”.
- Banks to witness higher attrition this year: ExpertsBanks may witness up to 50% increase in attrition this year compared to last year as new players would prefer seasoned industry professiona...
- RBI deputy governor R Gandhi asks banks to brace for high attrition levelsHowever, he said RBI doesn't have latest attrition levels in but added that it foresees a spike in demand for experienced hands with more n...
- Hiring in banking sector likely to go up by 30% this yearHiring by both PSU as well as private lenders is likely to go up to 30 per cent this year, according to industry experts.
- MFIs witness talent drain; find it tough to retain senior professionalsWith RBI, government and banks tightening the noose, MFIs are finding it tough to offer attractive salaries. The sector, which once attract...
- Allahabad Bank, UBI to hire big to take on novicesAllahabad Bank and United Bank of India plan to raise their headcount more than 10% in the next few quarters to face competition.
- Attrition in banking industry may rise in future: RBIReserve Bank of India Deputy Governor, K C Chakrabarty on Monday said Indian banking system may increasingly face the problem of staff- att...
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