Banking, Insurance & Financial services

Financial services are the economic services provided by the finance industry, which encompasses a broad range of organizations that manage money and it includes credit unions, banks, credit card companies, insurance companies, consumer finance companies, stock brokerages, investment funds and some government sponsored enterprises . Broadly, the Indian financial services sector can be segregated into segments, namely Banking, Insurance, Capital Markets, Private Equity and Mutual Funds. Over the past few years, the financial sector has shown considerable buoyancy. It is expected that the India's investable wealth, which was pegged at $ 25 billion in the year 2007, will burgeon to $ 1 trillion by the year 2012. The Indian banking sector has been opened up for the foreign competition, which has fueled growth and competition in the industry. There are public sector banks, private sector banks and foreign banks along with non banking finance companies competing in similar business segments. Further, the RBI is planning to issue a few new banking licenses.

Considering the fact that the financial services sector as a whole is on a high growth curve, career opportunities are aplenty. This will open up tremendous opportunities for Chartered Accountants, Commerce Graduates and MBAs (Finance). According to reports, there's already a shortage of 90 percent, 60 percent and 75 percent for risk managers, treasury managers and credit operators, respectively, in the banking and finance sectors. As industry sources put it, the insurance sector alone will create 500,000 jobs in the near future. It's not only about the jobs generated by the domestic financial services sector, but also there are plenty of opportunities waiting in the outsourcing arena. Outsourcing by the Banking, financial services and insurance (BFSI) Industry to India is expected to grow at a rate of 35 percent in the coming years.

Evince Perspective :-

At Evince, our team comprises highly skilled professionals who specialize in recruiting candidates for Banking, Insurance and Financial services sector. Our industry expertise, proactive approach, and long term association with leading companies position us as the recruiter of choice.

Evince Forte :-