At India s biggest bank, a new chairman to be anointed this week livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.
Private-sector banks like Axis Bank and ICICI Bank are slowing their hiring pace as they near optimal manpower levels. Attrition rates have decreased and the demand for young workers with digital skills has subsided.
The regulator has asked the bank to recommend the names of at least two executives as replacement for Shyam Srinivasan, who will be allowed an extension of one year as Federal Bank’s MD and CEO