An Overview on Multi-Generational Workforce With Reference To Banking Industry

Abstract

The banking industry has been going through rapid transformation because of progressive economic changes, changing demographics and quick paced technological advancements. Banks in India have been facing multitudinous difficulties, for example, administrative risks, up gradation of innovation, intense competition, workforce challenges and operational risk. Workforce challenge assumes a vital job among different difficulties. The surviving literature review demonstrates that few studies have identified various workforce difficulties of banks. Be that as it may, their impact has not been quantified for effective risk mitigation. Such studies are more observatory than investigational.