PSBs' staff count rises for 1st time in 5 years

Public sector banks’ (PSBs’) employee count grew for the first time in five years while private sector banks’ staff strength saw a decline in 2024-25 (FY25), according to latest data released by the Reserve Bank of India (RBI).Image used for representational purpose only. Photograph: Ajay Verma/ReutersThe employee count of state-owned lenders rose 0.22 per cent year-on-year (Y-o-Y) to 757,641 at the end of March 31, 2025 from 756,015 in FY24.On the other hand, private banks recorded a 0.86 per cent drop in ...