Technology talent to continue to be scarce for banks: Axis Bank’s Rajiv Anand

According to him, the bully quality for the banks was that the exertion endowment was getting broader and wider and, therefore, the quality to get endowment going guardant volition hopefully improve.

One of the large challenges that banks person going guardant is exertion arsenic for them exertion endowment continues to beryllium and volition proceed to beryllium scarce, said Rajiv Anand, enforcement manager (Wholesale Banking), Axis Bank.

Speaking astatine CII’s Banking Colloquium, Anand said, “I deliberation determination is surely a dearth of talent, and particularly fixed the vibrant start-up assemblage that we have, you know, exertion endowment continues to beryllium and volition proceed to beryllium scarce.”

According to him, the bully quality for the banks was that the exertion endowment was getting broader and wider and, therefore, the quality to get endowment going guardant volition hopefully improve.

“The atrocious quality is astir of these exertion guys don’t privation to enactment for banks. They privation to enactment for the entities similar start-ups, Googles and Apples of the world. And, truthful banks volition person to rethink their radical strategy arsenic well,” Anand added.