Synopsis
HDFC Bank reduced its workforce by 3,343 employees during the last fiscal year. The bank’s total balance sheet expanded by twelve percent to over forty-three trillion rupees. Employee attrition stood at twenty-three percent, while senior management roles saw an increase.
ET Online HDFC Bank’s workforce declined by 3,343 employees in FY26, even as the country’s largest private sector lender expanded its balance sheet by 12% during the year. (Representational Image)
New Delhi: The country’s biggest private sector lender HDFC Bank has witnessed a cut in headcount by 3,343 even as the balance sheet of the lender expanded by 12 per cent during FY26.
As per the the latest annual report of the bank, the total employee strength has come down to 2,11,178 in FY26 from 2,14,521 in FY25.
There has been a reduction of headcount by 3,343 people. During the year, employee attrition rate stood at 23.12 per cent.
Headcount at the senior management level rose to 262 from 247 at the end of March 2025, while middle management size increased to 10,411 from 9,159 in the previous year.
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There was a reduction in non-supervisory staff from 1,70,950 at the end of FY25 to 1,62,797 at the end of FY26.
The bank’s total balance sheet size increased 11.6 per cent to Rs 43,64,886 crore from Rs 39,10,199 crore on March
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