RBI Governor Shaktikanta Das said attrition is seen to
be high at some private sector banks and that the central bank is watching the
issue “closely”.
Speaking at the annual BFSI Insight Summit organised
by Business Standard, Das said the Reserve Bank of India (RBI) is looking at
the issue as part of the regulatory supervision efforts.
In the comments that come amid some major banks
reporting attrition rates of over 30 per cent, Das said every bank has to build
a core team to take care of such issues.
He said the career outlook of youngsters has changed
with regard to job switching and added that the youth is “thinking differently”
on the aspect now.
According to Das, the growth momentum in the economy
continues to be strong, and that the GDP number for the second quarter will
surprise everyone on the upside.
He said geopolitical uncertainty is the biggest risk
to global growth but was quick to add that Bharat is better placed to deal with
any potentially risky situation.
PTI