It has become a common fact that the entire world is reeling heavily under the effects of recession and there is not a single industry outside that has been able to stand up to the storm of layoffs, cost cutting measures and other procedures that they have not been used to since the inception of the organization.
However, there seems to be one place where people are seen working with smiling faces and cheer, they are the bank employees and that too in India. It is heard that the banks are making the most of it due to the recession since people are saving more in the form of RDs and FDs and not investing in shares and lands.
While this seems to be the current trend, the bank officials from their end are trying to make the most out of the situation and rolling out new schemes and policies so that the maximum investments can be got since they know that this is not a permanent situation. This way they are becoming rich with each passing day.
