Banks Dangle Foreign Offers to Retain Staff

.....The managements of some of these international banks will in the next few weeks prepare dossiers hard-selling the advantages of working for a worldclass institution. Intangibles such as professional work atmosphere, skill development opportunities, and prospects of working with some of the best brains in the world now score over money as a retention tool. There may be a direct need for more than 7,000 skilled people as Shriram City Union, M&M Financial and Bajaj Finserv, among others, scramble for about half-a-dozen banking licences likely to be issued by RBI.....

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