15% Increase in Job Opps in BFSI; 50,000 Temp Jobs Expected

With demand for festive finance on the rise, a report says that activity in the BFSI space has increased, pushing the demand for workers in the areas of back-end operations, tele operations and sales

Increased activity in the banking, financial services and insurance (BFSI) space has been observed. This is because the festival season is coming up and there is already more consumer spending, a greater demand for personal finance, credit cards, loans and retail insurance. That means, companies in the sector are looking at expanding their workforces to be able to fulfil the demand for finance products. As per a report, there is already a 15 per cent increase in terms of job opportunities as compared to the last five years. 

The demand for temporary workers in the BFSI space has been on the rise consistently over the past couple of years. This rise is seen in tier 1, 2 and 3 cities across India and not just the metros as was the trend in the past. The demand for tele operators and on-the-feet sales personnel has been rising in cities such as Lucknow, Bhopal, Raipur, Pune, Kolkata, Madurai, Kochi and Vizag.

Source: HR Katha

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