Banking News
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Source: Economic Times
Economic Times
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Banking Sector
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4 min
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19 Aug
Published
Banking Sector
4 min read· Economic TimesTop 10 private banks cut over 10,000 jobs in FY26 as AI reshapes hiring
India's top private banks are reducing their employee numbers significantly. This workforce contraction occurred after substantial hiring in the previous fiscal year. Technology-led efficiencies are enabling banks to expand operations without increasing staff. Some midsize lenders, however, have increased their headcou…
India's top private banks are reducing their employee numbers significantly. This workforce contraction occurred after substantial hiring in the previous fiscal year. Technology-led efficiencies are enabling banks to expand operations without increasing staff. Some midsize lenders, however, have increased their headcou
Source: Economic Times