HDFC Bank to create 5,000 ‘future bankers’ with a digital training programme

• Private banking and services company HDFC Bank is expanding its talent pool by recruiting 5,000 professionals over a period of three years.
  
• The company has promised placement in HDFC Bank, after the training with an annual package of ₹4 lakh.
  
• The candidates seeking jobs in the private bank will have to give an entrance test.
  

HDFC Bank is hiring as many as 5,000 freshers over the next three years. Interested applicants who would want to work for them will have to pass an entrance test and undergo their training programme.

The candidates who complete the year-long training programme will be absorbed into the bank with an annual compensation of ₹4 lakh. The candidates, who must be graduates, however will have to pay ₹3.5 lakh to undergo the training.

This is a part of a ‘future bankers programme’ which it is running with Manipal Global Academy of BFSI. The idea is to generate digitally skilled professionals.

"Digitalisation is changing the skill requirements and for personal banking, we require candidates who are ready to interact with customers. Over a period of time, all our fresher hiring will be through such tie-ups," PTI reported, citing bank officials.

The candidates who pass the entrance will be interviewed before enrolling into the diploma program. The training will have two segments — six months classroom training and six months of internship. The entrance test will be conducted by Aspiring Minds, a talent assessment company.

The work-integrated programme is expected to start in September. The bank believes that creating qualified young executives will enhance their customer service experience.

As technology evolves at a rapid pace, professionals will have to re-skill themselves every 3-4 years so as to evolve in a competitive working environment, ET reported citing Zairus Master, CEO, Shine Learning, a global education services provider.

Work-integrated training programmes have become common as companies are trying to keep up with spreading digitalisation.

Recently, HCL Technologies too launched a similar year long work-integrated programme to train entry-level hires, deploying highschool passouts, fresh graduates and postgraduates. The company plans on hiring nearly 10,000 freshers through the program.

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