According to the latest Report on Trend and Progress of Banking in India 2023-24, employee attrition rates are high across select private sector banks and small finance banks (SFBs).
RBI report said that the total number of employees of private banks surpassed that of public sector banks (PSBs) during 2023-24, but their attrition has increased sharply over the last three years, with average attrition rate of around 25 percent.
This story is from the December 30, 2024 edition of The Statesman.
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This story is from the December 30, 2024 edition of The Statesman.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
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