After a brief pause, physical bank branches are back
Over the last two years, India’s private sector banks have been expanding their physical presence. The two biggest lenders — HDFC Bank and ICICI Bank — opened 3,284 and 1,341 branches, respectively, between 2022 and 2024. Both lenders also increased their workforce, adding 40,305 and 9,204 employees in FY 2024, respectively. In FY25, however, HDFC … Read more