High attrition is the bane of India’s private banks

The increasing convergence of sales and service functions, with consequent non-stop pressure to meet targets, has seen employees jump ship in droves. This has the potential to adversely impact the financial institutions’ health.

5 January, 20257 min
0
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
High attrition is the bane of India’s private banks

You may also like

Business
Story image

The Rs 590-crore blame game at IDFC First Bank

Divergent narratives from the Haryana government and the lender raise deeper questions on oversight, authorizations and systemic lapses—answers that may emerge only after a forensic audit.

Business
Story image

Exclusive: Jana Small Finance Bank to reapply for universal bank licence in May

The Bengaluru-based lender is once again gearing up to seek the RBI’s nod after the central bank returned its application last year.

Internet
Story image

Disagreement over money sparks another churn at Peak XV Partners

Peak XV Partners is in a pickle. The loss of much of its senior India leadership has thrown up a familiar venture capital conundrum: how do firms reward and retain top performers in a business where a few big wins end up carrying the entire fund?