RBI Deputy Governor H R Khan on Thursday said chasing growth with a pressure cooker-like work culture might put private banks in a tight spot and dent their image. Khan added it might result in the young generation's dislike for banking profession.
"At times, banking becomes a hated profession among youngsters. Partly not because of what has happened to Libor fixing or doling out bonuses, but due to the work culture in some private banks. Going forward, this is going to be a reputational risk," Khan added.
