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#070 Private Banks And Their Customers Grapple With Massive Attrition

The Core Report

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The Rise of Attrition in the Banking Industry

Post-demonetization, the start of GST and digitization has led to cross-industries a lot more investment in expanding the network. I would say 70 to 80% of the people within the industry are switching within one company to another. The third big trend from an employee perspective is people want to go back to their towns and move out because they aren't happy being there.

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