Centre seeks hiring plan after public banks see dip in staff strength

In the last 10 years, the number of branches of PSBs across the country have gone up, but staff strength has fallen

After several Public Sector Banks (PSBs) acknowledged the shortage of staff, especially clerical, the finance ministry has reportedly asked bank chiefs to take stock of the employment situation in these entities. The ministry has sought a monthly hiring plan from the banks, a report in the Times of India (TOI) stated. 

Unlike private sector banks, there are more branches of PSBs in rural areas. The bankers said that in rural areas of the country, people still prefer going to the branches instead of using their services digitally. However, there is a shortage of clerical staff to manage the large number