Digitization Effect On India: Leading Banks Are Hiring Less Employees

The Modi government’s push for digitisation has decreased the manual works in banks. Cash counters work has drastically decreased and will further decline in future. Banks are planning to hire tech-friendly employees. There are many people who can’t be trained as per the high skills.

The Future Is In Digitization

Experts believe that this trend will continue and more digital work is going to overtake the old fashioned jobs. Digital technologies have provided instant services that helped in the network expansion. The reliance on the internet has rapidly increased.

Facilities like net banking, mobile banking and Unified Payments Interface (UPI) have widely increased. This has changed the scenario of banking in India.