Within the BFSI sector, demand for office spaces was led by Global Capability Centres in the top six cities in India: CBRE
This surge is largely due to rising lending rates and an expansion in the net interest margins of banks and non-bank lenders
IT/ITES sector likely to pay between Rs 11,000 and Rs 75,000 to young apprentices
E-commerce, Telecommunications, BFSI, and IT are the most sought-after sectors for freshers, as these sectors provide substantial career growth opportunities and offer a better environment and work-life balance, according to a survey. According to the survey by job and professional networking platform apna.co, fresh talent is flocking to the e-commerce sector, which witnessed an impressive 22 per cent surge in applications. The BFSI sector showed an 18 per cent growth, while telecommunications and IT sectors followed with 13 per cent and 5 per cent, respectively. The report, which covered over 10,000 participants, noted that 6 out of 10 enthusiastic job seekers hailing from tier 2 and 3 cities like Surat, Jaipur, Gwalior, Bhopal, Indore, Lucknow, and Kanpur are setting their sights on the vibrant e-commerce and BFSI sectors. A substantial 6 out of 10 freshers are drawn to these sectors because of the substantial career growth opportunities. Around 34 per cent prioritise the stabili
PE investment to flow to financial, healthcare, and consumer sectors
RBI Governor Shaktikanta Das's message to the financial sector
BS BFSI summit: What did experts say about Indian economy, markets and investments? Has the recent correction made Mid and SmallCaps attractive? What is the electoral bonds case? All answers here
Here is the best of Business Standard's opinion pieces for today
It is demeaning to compare what banks do and what technology companies do; banks build relationship of trust with customers and use technology as an enabler, says Ashu Khullar, CEO Citibank India
At BS BFSI Summit, Das expressed his concerns about regulating the use of cryptocurrencies and questioned the major tenets surrounding crypto terminology
Indian banking system and NBFC sectors at the moment are healthy and robust, said Das
At BS BFSI summit 2023, Panda expressed concern on rising cyber and climate-related risks and the need for insurance companies to develop policies that would address those
The RBI has projected a GDP growth rate of 6.5 per cent for July-September while growth for 2023-24 too is seen at 6.5 per cent
This capital gap alone shows the growth opportunity available in the life insurance industry over the next 10 to 15 years according to Naveen
In the past two decades, the industry grew at a rate of over 16 per cent despite seeing correction in prices
Sees no concern on NPA front; macros in mint condition
BS BFSI Insight Summit 2023: Shaktikanta Das said India is better placed as compared to other countries to deal with risky geopolitical situations
Bellary pointed out that while the Cloud offered flexibility and agility to accelerate transformation significantly, cybersecurity is still trying to catch up