Parliament panel asks PSBs to step up hiring to avert vacuum due to large retirement in 2019-20

Public sector banks (PSBs) ought to step up hiring at junior and middle levels to ensure there is no vacuum following retirement of large number of employees in the near future, the lawmakers said in a report to Parliament.

from The Financial ExpressBanking & Finance – The Financial Express http://bit.ly/2Tz0mhn

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Parliament panel asks PSBs to step up hiring to avert vacuum due to large retirement in 2019-20

Public sector banks (PSBs) ought to step up hiring at junior and middle levels to ensure there is no vacuum following retirement of large number of employees in the near future, the lawmakers said in a report to Parliament.

from The Financial ExpressBanking & Finance – The Financial Express http://bit.ly/2Tz0mhn

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Andhra Bank to deploy over 1,600 business correspondents to boost financial inclusion programme

At present, Andhra Bank uses separate Financial Inclusion Gateway solution procured from a third-party vendor for all financial inclusion transactions.

from Banking/Finance-Industry-Economic Times http://bit.ly/2Tyj2hg

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Fast-track hiring to overcome manpower shortage due to retirements: Parliamentary panel to PSBs

In PSBs, 95 per cent of GM level employees, 75 per cent of Deputy GM level employees, and 58 per cent of Additional GM level employees will retire in 2019-20.

from Banking/Finance-Industry-Economic Times http://bit.ly/2RvTrrP

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Dry ATMs: Parliament panel nudges RBI to fix the problem

As per a data of RBI, there were 2,21,492 Automated Teller Machines (ATMs) in the country as at September-end 2018.

from Banking/Finance-Industry-Economic Times http://bit.ly/2scS4jn

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