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Top Banks' Fresh Hiring Slowed in FY25
Business Standard
|July 22, 2025
Muted growth, better attrition rate seen as key reasons
Hiring by the country's large commercial banks fell significantly in 2024-25 (FY25) amid a moderation in business growth — particularly in the retail — limited branch expansion, and improved attrition rates.
Data from banks' annual reports shows that HDFC Bank, India's largest private-sector lender, hired 49,713 professionals in FY25, against 89,115 the previous year, and over 85,000 in FY23. Similarly, State Bank of India (SBI), the country's largest lender, hired just 1,770 in FY25, compared with 10,661 in FY24, and 8,595 in FY23. Axis Bank, the third-largest private-sector lender, hired 31,674 in FY25, against 40,724 the previous year.
Cette histoire est tirée de l'édition July 22, 2025 de Business Standard.
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