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Journalism of Courage
The total number of employees of scheduled commercial banks in the country witnessed only a marginal rise of 0.76 per cent in 2010,mainly on account of falling headcount in foreign banks and in the country8217;s largest lender State Bank of India.
The number of bank employees in the country at the end of the last year was 9,44,620,a marginal rise from the figure of 9,37,445 in 2009,according to the 8216;Statistical Tables Relating to Banks of India8217; released by the Reserve Bank.
Among the total bank employees in 2010,there were 4.70 lakh officers,3.19 lakh clerks and 1.55 lakh sub-staff.
While the number of employees in the private sector and public sector lenders went up during the year on an annual basis,the reverse was the case in foreign banks.
Foreign banks,which are increasing focusing on mechanisation,saw a dip of 6.22 per cent in their employee strength in India to 27,742 in 2010 from 29,582 in the previous year.
Among the major foreign banks,Standard Chartered was the only exception. It increased its payroll to 7,903 in 2010 from 7825 in the previous year.
The country8217;s largest lender,SBI also saw a decline in its headcount to 2,05,896 employees in 2010 from 2,00,299 in 2009. This was a fall of 2.79 per cent.
However,all six of SBI8217;s associate banks 8212; State Bank of Bikaner amp; Jaipur,State Bank of Hyderabad,State Bank of Indore,State Bank of Mysore,State Bank of Patiala and State Bank of Travancore 8212; saw their payroll go up during the year under review.
Among all public sector banks,the employee strength saw a marginal increase of 0.42 per cent to 7,34,594 in the last year from 7,31,524 in 2009.
The best jump in payroll came from the private sector lenders. Private banks reported a growth of 3.37 per cent in their total employee numbers at 1,82,248 persons in 2010 as against 1,76,339 in 2009.
While HDFC Bank8217;s employee strength saw a decline from 52,687 in 2009 to 51,888 in 2010,ICICI Bank8217;s was up to 35,256 in 2010 from 34,596 in 2009 and Axis Bank8217;s to 21,640 in 2010 from 20,624 in the previous year.
