Wednesday, October 22, 2025
spot_img

Deutsche Bank to hire 1,000 employees in India this year

spot_img
- Advertisement -

Deutsche Bank said India has a key role in this digital transformation journey

Deutsche Bank, the German banking giant will hire 1,000 techies for tech centres in India this year. The company is looking for people who have the ability to be flexible as technology changes rather than specific digital skills.

According to the moneycontrol report, over the last couple of years, Deutsche Bank has been investing significantly to create technology capabilities internally to cater to changing consumer needs.

The company’s CEO Christian Sewing said that Deutsche Bank will spend 13 billion euros between 2019 and 2022 on its digital transformation journey.

Dilipkumar Khandelwal, Global CIO for Corporate Functions, Deutsche Bank said that India has a key role in this digital transformation journey.

“There is a conscious effort on creating an engineering-driven culture, to get our people to internalize and get more people to focus on engineering and coding aspects to build niche capabilities that are required for the bank,” Dilipkumar to Moneycontrol.

“Deutsche Bank has shortlisted four regions for technology centres, with India being the biggest among them,” Dilipkumar said.

Its Tech Centre already has 4,000 people, with the bank now ramping up. The other locations include Russia, US, and Romania. For these centres where the majority of the hiring is happening to build engineering capabilities.

Dilipkumar Khandelwal said “In line with our strategy of internalizing our technology talent and growing our engineering capabilities in house, we are expecting that Deutsche Bank to hire up to 1,000 employees at our India technology centres this year,”

He added, “Deutsche Bank hires from the best campuses in India like the Indian Institutes of Technology (IITs) and the Indian Institutes of Management (IIMs). According to Khandelwal, the bank is looking at at-least 25 to 35 different colleges across the country.”

Deutsche Bank established its first branch in India in 1980 and currently operates branches in 16 cities.

spot_img

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

India’s GCCs Sector to Create 3,00,000 Job Opportunities by 2025

India is witnessing exponential growth in the number of...

Rossari Biotech ropes in Sunil Nair as CHRO from Ashok Leyland

An Indian chemical manufacturing company with specialty chemicals, enzymes,...

Micron to create 20,000 jobs in India in Semiconductor Industry

Micron Technology, Inc., one of the world’s largest semiconductor...

ZEE announces strategic restructuring of the organization

ZEE Entertainment Announces Strategic Restructuring of the Organization Zee Entertainment...

Intel is on hiring spree; Apply Here for various jobs including Interns

An American multinational corporation and technology company, Intel is...

Wipro’s Delaporte to be highest Paid CEO in IT Industry

Wipro's Thierry Delaporte to be highest Paid CEO in...

Vedanta Reports One-Third of Engineers Are Women

Vedanta Group, a leading Indian conglomerate in critical minerals,...

Related Articles

SightsIn Plus
SightsIn Plushttps://sightsinplus.com/
SightsIn Plus is an India’s leading high-quality people-focused monthly HR Magazine and provides up-to-date HR News, Leadership Announcements, Best HR Practices and Insights by Global CHROs, CEOs, HR Advisors, Business Managers and HR Heads on topics of interest to HR professionals. To subscribe SightsIn Plus, HR Magazine please visit- https://sightsinplus.com/subscribe/