HDFC Bank cuts headcount to over 4,500 in third quarter on efficiences, lower hiring
HDFC Bank has lowered its headcount to 4,581 employees in third quarter on account of efficiencies in the system and lower hiring.
The bank, which reported its slowest profit growth ever at 15% for the December quarter, saw total headcount reduce to 90,421 on December 31, 2016 as against 95,002 in September 30, 2016. Image Source: Reuters