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BNY Mellon looks to add up to 10% to 13,000-strong employee base in India

The announcement comes at a time when some of the back offices in India promoted by global financial majors are facing difficulties with headlines like job cuts dominating largely due to the woes of the parents. The bank's employees are spread across two centres in Pune and Chennai, and handle both operations as well as technological functions

Source | economictimes.indiatimes.com | PTI

MUMBAI: American bank BNY Mellon is looking to add up to ten per cent to its 13,000-strong employee base in India to serve the global markets, a top official said on Thursday.

The bank’s employees are spread across two centres in Pune and Chennai, and handle both operations as well as technological functions.

The announcement comes at a time when some of the back offices in India promoted by global financial majors are facing difficulties with headlines like job cuts dominating largely due to the woes of the parents.

“We will continue to hire on a net basis as we have been doing for the past two years, where we have added 5-10 per cent on a net basis,” BNY Mellon International Operations’ country chief executive Sudish Panicker told PTI.

He said from an infrastructure perspective, its facilities in Chennai and Pune can handle the additional 1,000-odd people.

The new hires will include both freshers and also laterals, Panicker said,

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