MichaelScot
MichaelScot

Banking and NBFC industry are toxic

A lot of you might have seen the HDFC bank video where a senior executive got batshit crazy at his juniors and was yelling at them.

This is my story of a a similar experience in a well funded NBFC. Hint: Aye Aye

So, i joined this NBFC startup with a cushy package, let's say 35 lpa in 2021, to transform the corporate.

Joined in a leadership role but the reality hit too soon. The work environment was too toxic. People didn't know how to behave, the leaders are monsters and there were no weekends for straight 4 months.

I started yelling at everyone around me and i was stressed 24/7.

One fine day, i went straight with a fuck you and resigned from the job, took a pay cut and rejoined corporate. I joined there from an MNC. Life is smooth now.

Remember, if your think Banking sector is bad, NBFCs are worse and the startup players are a notch below.

Pay cuts are bad, it took me two years to get back to market. However at all of our lives, it is very important not to promote this shitty culture.

17mo ago
FancyChino64
FancyChino64

iifl?

MichaelScot
MichaelScot

Aye Finance

MrWane
MrWane

Yes, I also had similar experience. Never ever join those loan apps/NBFC/BNPL companies. Fucked up culture.

Akira
Akira

If NBFCs are so fucked up, I do not want to know what will happen to people who work in BNPL/Credit based Fintech.
I have noped out and sabotaged my interviews immediately after meeting the leadership team.
Crazy arrogant people (Mumbai, Bangalore, Delhi) all around

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