The Banking and Financial
Services Industry is expected to recruit about 8.4 million people as per the
growth rate each year. BSFI workforce requirement between 2008 and 2022 is
expected to be about 4.2 million and sector may create up to 20 lakh new jobs
in the next 5-10 years.
Rise in Fintech
It is predicted that the growth
of fintech companies will see a rise in hiring by at least 20%. It will turn
these set of multi-taskers to a multi-skilled workforce, suitable for taking on
the challenges of economic and technological changes.
Source: EY Global Generation Survey,2016
- The state of Gujarat is targeting overall skill training capacity to reach 2.5 million by 2017.
- Incremental human resource requirement in banking & financial services with skilled and semi-skilled between 2017-2022 are 44,800 and 1, 34,400 respectively.
- Financial Institutions are realizing the importance of technology infrastructure, in order to capture larger markets, gain competitive edge & improve overall customer experience.
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