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State-owned banks on apprenticeship spree to strengthen customer services

The Business Guardian

|

September 30, 2024

Several public sector banks are hiring apprentices for the first time through their apprenticeship programmes to improve customer relations in semi-urban and rural areas, amid a gradual decline in the workforce over the years.

Recently, Union Bank of India, Canara Bank, and Indian Overseas Bank announced that they would recruit 500, 3000 and 550 graduates, respectively under a year-long apprenticeship programme for a stipend of up to Rs 15,000.

According to executives from these banks, they are hiring apprentices for the first time.

Click here to connect with us on WhatsApp Bank of India has also received board approval to recruit in a staggered manner 1,300 apprentices, who are likely to be deployed in customer relations, which, according to an executive from the lender, are becoming crucial, especially for liabilities mobilisation.

"The (apprenticeship) programme focuses on deploying apprentices in semi-urban and rural branches to enhance customer relations. They will work to understand customer needs and address issues, aiming to improve customer satisfaction," said K Satyanarayana Raju, MD & CEO, Canara Bank.

MEER VERHALEN VAN The Business Guardian

The Business Guardian

The Business Guardian

Piyush Goyal's maiden Israel visit strengthens ties in tech, trade, agri

Commerce and Industry Minister Piyush Goyal held a series of wide-ranging engagements during his official visit to Israel, further strengthening bilateral cooperation across agriculture, technology, innovation and trade.

time to read

2 mins

November 23, 2025

The Business Guardian

The Business Guardian

FRANCE TO INVESTIGATE MUSK'S GROK CHATBOT

France's government is taking action against billionaire Elon Musk 's artificial intelligence chatbot Grok after it generated French-language posts that questioned the use of gas chambers at Auschwitz, officials said.

time to read

1 mins

November 23, 2025

The Business Guardian

JEENA SIKHO MD PICKS UP STAKE

NEW DELHI: Invicta Diagnostic on Saturday said healthcare industry leader Acharya Manish Grover has acquired 1.27 lakh equity shares, representing 1.37 per cent stake, in the IPO-bound firm.

time to read

1 min

November 23, 2025

The Business Guardian

MARUTI INVESTS IN STARTUP

NEW DELHI: Maruti Suzuki India Limited has announced an investment of nearly Rs 2 crore in Ravity Software Solutions Private Limited, a startup focused on connected mobility intelligence.

time to read

1 min

November 23, 2025

The Business Guardian

FORD REAFFIRMS EBIT AFTER FIRE

Ford Motor on Friday stood by its annual EBIT guidance of $6 billion to $6.5 billion for this year following another fire this week at aluminum supplier Novelis’ New York plant.

time to read

1 min

November 23, 2025

The Business Guardian

FAA gives $10K bonuses to controllers and technicians

Only 776 air traffic controllers and technicians who had perfect attendance during the government shutdown will receive $10,000 bonuses while nearly 20,000 other workers will be left out, the Federal Aviation Administration announced Thursday.

time to read

2 mins

November 23, 2025

The Business Guardian

The Business Guardian

INDIA'S TRADE FLOW STAYS STEADY AMID GLOBAL UNCERTAINTY

India’s trade flows have shown resilience despite global uncertainty and currency volatility, according to a report by SBI Research.

time to read

1 min

November 23, 2025

The Business Guardian

The Business Guardian

AI is changing job roles in higher education

Today, most universities handle a huge amount of data. They use it to manage student admissions, exam processes, academic records, degree checks, and official reports.

time to read

4 mins

November 23, 2025

The Business Guardian

Non-American markets fuel India's shrimp export jump

India's shrimp export sustained healthy growth during the first five months of FY26, with total export value rising 18 per cent year-on-year to USD 2.43 billion, supported by an 11 per cent increase in shipment volumes to 3.48 lakh metric tonnes (LMT), according to a report by CareEdge Ratings.

time to read

1 min

November 23, 2025

The Business Guardian

The Business Guardian

FOUR LABOUR CODES CONSOLIDATE LAWS

The Occupational Safety, Health and Working Conditions Code (OSH), 2020, which is among the four Labour Codes made effective from November 21, 2025, is enacted to consolidate and simplify the existing complex web of labour laws.

time to read

4 mins

November 23, 2025

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