Tag: BFSI

Taking over from Jindra Hachova, Mallik will be handling various critical HR responsibilities across the organisation, including talent acquisition and retention, organisational change management, employer branding, hiring, learning & development, and employee engagement. 

The Company will also absorb 80 per cent of the trained students (8,000) into the Group for regular positions (job roles), after successful completion of training and assessment of the candidates. 

Yes Bank will support FADA in this endeavour.

Upon completion of the programme, employees will receive sharable e-course certificates from leading global institutes.

In her new role, Adil will be responsible for creating a differentiated and superior customer experience and will continue reporting to the MD & CEO.

The number of full-time equivalent positions is expected to fall from the current 97,000+ to well below 90,000.

Between, April 2017 and March 2018, some 18,973 employees had retired. At the same time, the Bank also hired 3,211 employees. 

It will empower over a million women within the first year of operations through entrepreneurial opportunities.

Unions for Bank officers have have unitedly opposed to the division in their ranks.

Though public-sector banks had an operating profit in the last two fiscals, they faced a net loss due to bad loans.

Ironically, IT employees remain dissatisfied despite being the highest paid.

The study forecasts an overall increase of 14.5 per cent in the hiring intent in 2016, as well.

An alumnus of the Tata Institute of Social Sciences, and an accredited coach (ACC) recognised by the International Coach Federation, Makarand Khatavkar, group head–human resources, Kotak Mahindra Bank, has built HR teams from scratch, more than once.

A seasoned HR professional, Khatavkar’s career spans three decades. He has spent around 20 years in the BFSI sector alone. Prior to joining Kotak, he led HR at Deutsche Bank.

He speaks to HRKatha, on how the banking industry is realigning its people’s strategy with the changing business environment, and the plans specific to Kotak Mahindra’s employee engagements.