RBI flags high attrition in private banks

Dec 30, 2024 - 07:30
RBI flags high attrition in private banks

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High attrition rates in private sector and small finance banks are a significant risk factor, causing operational disruptions and increased recruitment costs. The Reserve Bank of India highlights the importance of strategic measures, including improved onboarding, training, and competitive benefits, to retain talent and ensure stability within the banking sector.

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