Banking Jobs / Financial Services / Broking Jobs
Banking Industry consists of private and public sector banks that handle cash, credit, and other financial transactions via deposits and credits from the public.
List of Major Profile, Desired Experience and Tentative Salaries Offered for this Industry in India-
|DESIGNATION/ JOB ROLE||AVERAGE EXPERIENCE (IN YEARS)||AVERAGE SALARY (IN INR , IN LACS)||Click to Apply|
|Treasury Back Office Executive Jobs||4.1||2.5||Apply Now|
|Regional Manager -Retail Banking Jobs||15.2||14.4||Apply Now|
|Retail Credit Officer Jobs||6.1||5.4||Apply Now|
|Broking Analyst Jobs||5.0||4.8||Apply Now|
|Life Insurance Underwriter Jobs||7.0||5.4||Apply Now|
|Forex Dealer Jobs||7.4||9.0||Apply Now|
|Corporate Advisory Manager Jobs||8.4||13.7||Apply Now|
|Derivatives Dealer Jobs||6.0||3.5||Apply Now|
|Domestic Private Banking Officer Jobs||19.3||24.0||Apply Now|
|Mergers & Acquisitions Analyst Jobs||4.4||16.2||Apply Now|
BFSI Sector in India and Banking & Insurance Jobs Scenario
BFSI stands for Banking, Finance, Security and Insurance. Services of companies in the BFSI sector include core banking (CASA), retail banking, private, corporate banking, investment banker, credit /debit cards, stock-broking, payment gateways, mutual funds, insurance covers which is regulated by IRDA. BFSI sector in India is likely to become fifth-largest by 2020 and third-largest by 2025 in the world, which means, more BFSI & Banking Jobs. Today we will throw a light on some facts on the Indian BFSI Sector.
Indian Market Size of BFSI Sector
The Indian banking system consists of 12 public sector banks after merger. There are 21 private sector banks, 49 foreign banks, 56 regional rural banks, 1,562 urban cooperative banks and 94,384 rural cooperative banks, in addition to cooperative credit institutions (FY17 data). The banking in India is currently worth INR 81 trillion and is expected to grow further.
#List of 12 Public Sector Banks after Merger in 2019
Business Size (In lakh cr.)
Oriental Bank of Commerce +
United Bank of India
Andhra Bank + Corporation Bank
#List of Top 5 Private Sector Banks
Share in GDP and Approximate No. of Employees in BFSI Sector
additional 42 lakh skilled workforce/ BFSI Jobs from year 2008 to 2022 as per estimates by the National Skill Development Corporation (NSDC).
Job Roles & Average Salary The BFSI sector contributes to the GDP many areas such as Services Revenue, Facilitating Financial transactions, circulation of money, stock exchange, underwriting investments, and foreign trade. All these elements of BFSI conclusively contribute about 7.7% of Indian GDP.
While talking about the employment, sectorial division of jobs suggests that banks were seen to employ the highest number of employees in FY17, roughly around 21% and finance sector recorded the second-highest growth of 11.2%. Public Sector banks in India employs more than 7 lakh people currently, and PSU Banks have employee strength of 8,50,000 in year 2018. BFSI sector in India will need an
As India is one of the fastest-growing economies in the world, the potential of growth for the BFSI industry is stronger and broader. This high potential will boost BFSI Sector- Banking Jobs, Finance Jobs, and Insurance Jobs in many different BFSI job roles. We at Gweka Consulting Services help job seekers to find a suitable career in BFSI Sector and below is the list of few job roles from BFSI Sector we hire for–
AVG. ANNUAL SALARY (INR)
CLICK TO APPLY
Relationship Manager Jobs
Branch Manager Jobs
Financial Analyst Jobs
Insurance Agents Jobs
Sales Executives Jobs
Investment Representative Jobs
Finance Product Manager Jobs
Note: – Salaries are approximate and subject to the level of experience.
BFSI HUB and Top BFSI Companies in India
Mumbai is considered as the top BFSI Hub of India followed by the capital city New Delhi. Every sector or industry has some top players in the game. The top companies in the BFSI industry are considered as “top” because they produce more BFSI Jobs and revenue than their competitors. With Gweka Consulting Services, you stand a chance to be a part of these.
India’s Top 10 BFSI Company Name
India Head Office Location
Latest News & Innovation in BFSI Sector-
AI (Artificial Intelligence) & Block Chain is that newest innovation which really helped the BFSI sector in many ways. Banks have started to see higher ROI, fraud detection is increased, security is enhanced and insurance companies are rapidly picking up AI. This innovation will undoubtedly create more BFSI & Banking Jobs. Register yourself with GCS to get notifications of the upcoming Jobs in BFSI sector.