- Private sector banks — Axis Bank and Kotak Mahindra Bank — are absorbing technical professionals in their teams.
- The banks announced as many as 5,000 job openings for fresh graduates with cybersecurity, technical and design skills.
- Axis Bank will hire 2,300 freshers — including campus hires from B-schools and IITs.
Axis Bank and Kotak Mahindra Bank — are hiring extensively for technical professionals. These banks will hire 5,000 fresh graduates with cybersecurity, technical and design skills.
According to
Sukhjit Singh Pasricha, chief human resource officer at Kotak Mahindra Bank, the banking industry has witnessed a sudden demand for professionals skilled in technologies like
artificial intelligence, digital banking and analytics.
This will be the first time that Kotak is hiring from engineering colleges, thanks to the advent of digital technologies.
Transform talent with learning that worksCapability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More The private bank will hire nearly 2,600 freshers this year, Pasricha
told ET. This includes jobs across departments — services, operations and frontline acquisition.
On the other hand, Axis Bank will hire 2,300 freshers — including campus hires from B-schools and IITs. It will also hire from National Institute of Design for the very first time.
While IT and analytics remain the most sought-after job role, “this year, we have also focused on hiring in risk, compliance and cybersecurity roles,”
said Rajkamal Vempati, HR head, Axis Bank.
This financial year, the largest public sector bank
State Bank of India (SBI) hired nearly 11,000 employees so far. This includes jobs in retail banking, IT, corporate and international banking and wealth management.
“There has been continuous disruption in the financial services sector, mainly due to digitalization. While banks are fast adapting to digital ways, these new services require manpower to reach deeper pockets, to engage with customers and provide them with seamless banking experience,” Alok Kumar Choudhary, deputy managing director (HR) and chief development officer of
State Bank of India said.
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