High Salaries in Foreign Banks
According to a survey, it is declared that there are no foreign banks which are investing on the people who are working in the popular banks. CITI bank is in the top position which is investing on the employees where as HDFC bank is in the last position. Even though government sector banks are paying more average salary, Indian overseas bank is in the first position. Boston consulting group had conducted a survey on the banks in the investment on their employees. CITI bank is in the top position with Rs.19 lakhs salary for the employee and HDFC is in the last position with Rs.5.5 lakhs. After CITI bank, standard charted is in second position with Rs.13 lakhs and after that HSBC with Rs.12.3 lakhs. In the government sector, Indian overseas bank is in the top position with Rs.6.5 lakhs for the employees and SBI is in second position with Rs.6.4 lakhs. IDBI and Oriental bank of commerce are in next position with Rs.6.3 lakhs. There are 2 lakh employees in SBI but there are only 7500 employees in CITI bank.