These jobs may go missing from banks in the next few years

These jobs may go missing from banks in the next few years

Remember the good old bank clerk who used to update your pass book? The fact that he is hardly seen these days explains banking industry’s biggest predicament — Automation. On Wednesday, Vikram Pandit, who ran Citigroup during the financial crisis, endorsed this predicament with a disturbing figure. Pandit said developments in technology could see some 30 per cent of…

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PM Modi Positive on Future Economic Growth Despite New Sales Tax Confusion

Indian prime minster Narendra Modi yesterday hailed the country’s recent economic progress, despite recently-released data revealing slower growth during the second quarter of 2017. Official figures covering April to June revealed India’s economy grew by 5.7 per cent compared to the same period in 2016. That’s down from a growth rate of 6.1 per cent…

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