FE
Public sector banks will continue lateral hirings from the private sector at senior levels directly from the private sector, said bankers. And most believe that this is was more of an “one-off” incident.
This comes in the backdrop of the recent ‘bob World’ controversy wherein Bank of Baroda (BoB) has claimed that it had ‘terminated’ the services of its chief digital officer (CDO) Akhil Handa — a private sector hire — after the Reserve Bank of India barred it from onboarding new customers on its app. Handa, credited with building the flagship bob World app, said that he had resigned earlier in August.