High employee attrition of 25% in pvt bks pose operational risk: RBI report
The Free Press Journal|December 30, 2024
Employee attrition in private sector banks has witnessed an increase to about 25 per cent and this high turnover rate poses significant operational risk, according to the latest Report on Trend and Progress of Banking in India 2023-24.
High employee attrition of 25% in pvt bks pose operational risk: RBI report

Employee attrition rates are high across select private sector banks and small finance banks (SFBs), the report, which was released by the Reserve Bank of India (RBI) said.

The total number of employees of private banks surpassed that of public sector banks (PSBs) during 2023-24, but their attrition has increased sharply over the last three years, with average attrition rate of around 25 per cent, it said.

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Scam mastermind arrested from Delhi
The Free Press Journal

Scam mastermind arrested from Delhi

The police have arrested Harshkumar Kshirsagar, the contractual worker of the Divisional Sports Complex, who is accused of embezzling funds of the Divisional Sports Department amounting to Rs21.59 crore, from Delhi on Tuesday.

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1 min  |
January 03, 2025
The Free Press Journal

New Year celebrations 55 drunk drivers fined

Police in Maharashtra's Latur took action against 461 people for indulging in traffic violations, of whom 55 were booked for drunk driving, officials said on Wednesday.

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1 min  |
January 03, 2025
New Year celebrations enthral hill stations
The Free Press Journal

New Year celebrations enthral hill stations

The festive spirit of the New Year continues to enliven Maharashtra's popular hill stations, Mahabaleshwar and Panchgani, as visitors flock to these destinations for scenic beauty and winter activities.

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1 min  |
January 03, 2025
The Free Press Journal

3 Held For Murder

Three persons were arrested on Wednesday within 12 hours after they allegedly killed their 34-year-old friend in Nashik following a drunken brawl on New Year's eve, police said.

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1 min  |
January 03, 2025
The Free Press Journal

MSEDCL to offer discount for 'Go Green'

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) is urging customers to use its 'Go Green' facility with a special New Year's offer.

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1 min  |
January 03, 2025
70 Organ Donors Saved 181 Lives in Pune in 2024
The Free Press Journal

70 Organ Donors Saved 181 Lives in Pune in 2024

The Pune Zonal Transplant Coordination Committee (ZTCC) has reported a remarkable achievement in organ donation in 2024.

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1 min  |
January 03, 2025
The Free Press Journal

Swearing-in Ceremony

The 33rd lamp lighting and swearing-in ceremony for the first-year BSc Nursing and GNM Nursing students was held at the Nursing College in Bharati Vidyapeeth Dhankawadi Educational Complex.

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1 min  |
January 03, 2025
The Free Press Journal

MSEDCL Slammed for Opacity on Information

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has consistently failed to publish critical information on power outages and technical faults, defying directives from the Maharashtra State Electricity Regulatory Commission (MERC).

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1 min  |
January 03, 2025
Metro sees ridership & revenue boost in 2024
The Free Press Journal

Metro sees ridership & revenue boost in 2024

October tops among all the months of last year in terms of metro ridership and revenue collection in Pune

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2 mins  |
January 03, 2025
The Free Press Journal

Dudi New District Collector

Dudi Is Currently The District Collector Of Satara

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1 min  |
January 03, 2025