YES Bank cuts staff by almost 2,500, cites redundancies
Private lender YES Bank has gone in for "rationalisation" of workforce to address certain "redundancies", the company has said.
According to reports, the bank has reduced its workforce by nearly 2,500 on account of digitisation and automation.Although YES Bank did not put a specific number, it said digital transformation has created certain redundancies requiring rationalisation of workforce.
Bank of India board is examining the Merger plan
The board of Bank of India is examining the possibility of merger with other banks, based on the kind of synergy in business.
According Dinabandhu Mohapatra, managing director and chief executive officer, Bank of India, the bank is in the process of strengthening its systems and processes before exploring merger possibilities.
Bank of Maharashtra Recruitment for Specialist Officers (Scale IV & II) Posts 2017
Bank of Maharashtra has published Advertisement for Specialist
Officers in Scale IV & II. 2017. Other details like age limit,
educational qualification, selection process, application fee and how to
apply are given below.
Some jobs may go missing from banks in the next few years
Remember the good old bank clerk who used to update your pass book? The fact that he is hardly seen these days explains banking industry's biggest predicament -- Automation.
On Wednesday, Vikram Pandit, who ran Citigroup during the financial crisis, endorsed this predicament with a disturbing figure. Pandit said developments in technology could see some 30 per cent of banking jobs disappearing in the next five years.
State Bank of India (SBI) Recruitment for Specialist Cadre Officers Sept-2017
State Bank of India (SBI) has published Advertisement for below
mentioned Posts 2017. Other details like age limit, educational
qualification, selection process, application fee and how to apply are
given below.
Advertisement No.: CRPD/SCO-LAW/2017-18/06
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