HDFC Bank cuts 3,300 jobs to fund AI‑driven automation
The lender’s FY26 headcount fell to 211,178, a net loss of 3,343 staff as it shifted back‑office roles to technology. Management says the move frees resources for AI‑enabled, customer‑facing services while the balance sheet grew 12%. The shift signals a broader push for tech‑led efficiency in Indian banking.