At least half a dozen private sector banks including Kotak Mahindra Bank, HDFC Bank, RBL Bank and Axis Bank are set to hire nearly 1 lakh people in the next financial year, as they aim to grab market share in the retail lending space vacated by non-banking finance companies, staffing firm TeamLease Services estimates.
These recruitments will likely be in the branch-banking space across the nook and corner of the country, suggesting that the banks are expecting a revival in retail loan growth.
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“Private banks are focusing more on retail businesses for which they need branch-level people,” said Ajay Shah, a vice-president and the head of recruitment at TeamLease. “This recruitment drive would be about 30% higher than this fiscal year. Both freshers and experienced people will be tried.”
Source: Economic Times
