Banking Sector: HR News, Trends & Workplace Insights

Latest Banking Sector HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Banking Sector.

Updated on: Jul 2024

C-Suite Move

Bandhan Bank appoints Ratan Kumar Kesh as Interim MD CEO

Jul 8, 2024

IDFC appoints Mahendra N Shah as Managing Director

IDFC Limited has announced that its board of directors has approved the appointment of Mahendra N Sh...

C-Suite Move

Aug 26, 2022

IDFC appoints Mahendra N Shah as Managing Director

Citigroup plans to hire people for its new wealth unit

Investment bank and financial services corporation, Citigroup Inc. is planning to hire nearly -pe...

Hiring

Aug 3, 2022

Citigroup plans to hire people for its new wealth unit

Citi Commercial Bank launches in Canada will hire people

Citi has launched Citi Commercial Bank CCB in Canada as part of a global expansion announced earli...

Hiring

Jul 21, 2022

Citi Commercial Bank launches in Canada will hire people

Hiring

Citigroup is hiring 4,000 people, looking for a digital explosion

Citigroup is planning to hire nearly 4,000 people to join its tech team, the company is trying to digitalize as much of its client experience as possible. Currently, Citigroup employs more than 30,000 software engineers. The employment opportunities at Citigroup will be in the areas of Data specialists as the particular demand across the banking […]

Jun 8, 2022

Hiring

Sopra Banking Software to expand its workforce in India

France-based Sopra Banking Software (SBS) has unveiled its plans to further bolster its footprint in India as well as increase its overall investment. Over the next three years, the banking tech company intends to increase its overall headcount to 12,000 across both Sopra Banking Software India and Sopra Steria India. During the Coffee Connect, organized by Business […]

Apr 28, 2022

Industry

Axis Bank to absorb 3,600 Citi employees post takeover

Citibank has announced an agreement to sell its consumer business in India to Axis Bank. The sale includes credit card business, retail banking, wealth management, and consumer credit. Having acquired the loans, credit cards, wealth management and retail businesses of Citibank in India, Axis Bank is now willing to absorb Citi’s 3,600 employees. They will […]

Apr 1, 2022

C-Suite Move

Punjab National Bank appoints Atul Kumar Goel as new MD & CEO

The Appointments Committee of the Cabinet names Atul Kumar Goel as new MD & CEO of Punjab National Bank, effective from February 1, 2022. He will function as PNB Chief till December 31, 2024, which is his attaining the superannuation age. The government of India would take the final call on the appointment. Currently, he […]

Dec 29, 2021

Coronavirus

HDFC Bank pledges Rs 100 crore towards COVID relief

HDFC Bank pledges Rs 100 crore towards COVID relief HDFC Bank has announced that it has committed Rs 100 crore for setting up medical infrastructure for COVID-19 relief in 2021-22. The bank is planning to set up 20 oxygen plants in hospitals besides three 100-bed COVID care facilities as part of the plan. Rs 100 […]

May 28, 2021

C-Suite Move

Morgan Stanley appoints Sanjay Shah as country head

Morgan Stanley appoints Sanjay Shah as country head American investment bank Morgan Stanley has appointed Sanjay Shah as the country head for its India business as part of senior-level appointments, officials said on Tuesday. Shah, who has been with the company since 1996, was the co-head since 2013. He held the position with ace i-banker Aisha de Sequeira, who died late […]

Jan 13, 2021

Human Resources

Talent Landscape for BFSI sector in the year 2021

Interaction with Anil Salvi Managing Director & Group Head – HR, JM Financial Group Anil Salvi, Managing Director & Group Head- Human Resources at JM Financial Group. Prior to this, Anil was leading the Human Resources function at Royal Bank of Scotland (RBS) in India as SVP and Head HR. Previously he has worked with […]

Jan 5, 2021

Coronavirus

Covid-19: India relaxes Income Tax deadlines and penalties

In view of COVID-19 outbreak, India has offered several relaxations under the Income Tax Act and other direct tax laws to assuage taxpayers especially on statutory and regulatory compliance matters related to several sectors. While addressing the press conference through video conferencing here on 24th March, Smt. Sitharaman announced much-needed relief measures in areas of […]

Mar 25, 2020