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Why HDFC Bank’s employee count fell for the first time in 9 years

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Business Standard

For the first time in nearly a decade, HDFC Bank has reduced its workforce. What's behind the cuts? In this video, we explain how AI and automation are reshaping jobs at India's largest private lender, why operational roles are shrinking while management hiring continues, and what this means for the future of banking. We also look at HDFC Bank's latest annual report, attrition trends, governance update, and how peers like Axis Bank are making similar moves.

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