HDFC Bank hires retail bankers to address wealth management talent shortage in smaller towns.
HDFC Bank, India's top private lender, addresses wealth management talent shortage by hiring retail bankers due to limited high-net-worth individuals in smaller towns. The bank aims to expand its wealth management team by 10-20% annually, using retail bankers' familiarity with customers and their behavior to manage wealthy clients as the market becomes competitive.
August 21, 2024
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