Govt banks struggle to find people as old guard retires

.....The Khandelwal committee, which was set up to address the human resource challenges of state-owned banks, while acknowledging the manpower shortage banks are facing, said: “The leadership gaps in public sector banks are palpable. In the next five years, 80 per cent of general managers, 65 per cent of deputy general managers, 58 per cent of assistant general managers and 44 per cent of chief managers would be retiring.” So many people leaving at the same time has prompted the Reserve Bank of India to call the 10 years from 2010 to 2020 as the ‘decade of retirement’......

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