According to a data compiled by the daily, PSBs including Bank of India, Canara Bank,Bank of Baroda and Uco Bank witnessed a drop in its employee size, whereas the State Bank of India and Punjab National Bank saw a slight increase in the headcount.
According to the research, Bank of India's workforce decreased from 52,374 in the fiscal year (FY) 2023 to 50,944 in 2024 and then to 50,564 in 2025. The number of employees at Canara Bank similarly declined, going from 84,978 in FY23 to 82,638 in FY24 and 81,260 in FY25. Bank of Baroda also continued to reduce, going from 76,513 in FY23 to 74,227 in FY24 and then even lower to 73,742 in FY25. From 21,698 in FY23 to 21,456 in FY24 and then to 21,049 in FY25, Uco Bank's workforce shrank.
On the other hand, for SBI, which is the largest PSB in India, there was a slight recovery after falling from 235,858 in FY23 to 232,596 in FY24. In FY25, the headcount increased to 236,226, the report stated. Meanwhile, PNB also saw its employee count increase slightly from 102,319 in FY23 to 102,349 in FY24 before slightly falling to 102,316 in FY25.
Concerns have been expressed by a number of bank unions regarding the recent decrease in employee numbers. Bank workers also protested earlier this year in a few towns. They have claimed that having too few employees is affecting both customer service and employee wellbeing. The chief secretaries of states and union territories have allegedly been urged by the finance ministry to raise awareness among bank workers and ensure that the public gets uninterrupted service. This follows social media posts and news stories detailing instances of physical assault, verbal abuse, and threats of violence against bank employees on the property.
.jpeg)
No comments:
Post a Comment