Digital push is driving out mid-level banking staff: RBI – Times of India
MUMBAI: The digital decade has triggered a major shift in jobs in the financial sector. With most clerical work being automated, middle and lower-end jobs are disappearing. The ratio of officers to support staff has changed from 50:50 in FY11 to 74:26 in FY23 (see graphic), indicating lower opportunities for middle-tier jobs. AI is seen…