Page 12 - Bfsi

Wipro sees pressure on revenue growth in Q4; net profit falls 12% in Q3

Margins for the second quarter are likely to be "range-bound" similar to the last few quarters, the management said during a media briefing

India Inc seeks 3.9 mn jobs for frontline workers in H1 FY24: Report

Most of this demand was driven by the logistics and mobility sector, which accounted for over 50 per cent of the total demand

BFSI, telecom, e-commerce most coveted sectors by women in 2023: Report

BFSI, Telecom and e-commerce were the most sought after sectors by women jobseekers this year, with most looking for work from home opportunities, according to a report released on Wednesday. The report by revealed that the women seeking jobs showed a balanced approach between flexibility and career dedication, as 50 per cent (1.2 crore) of total job applications from women job seekers sought wfh opportunities, the report by apna.co said. The report is based on an analysis of job searches by women on apna.co platform in 2023. As per the report, this year, sectors like Banking, Financial Services and Insurance (BFSI), telecom, and e-commerce witnessed a remarkable surge in demand among women jobseekers. The report revealed that 18 lakh women embraced night shift roles, showcasing their willingness to tackle challenges with utmost dedication. Of the 1.38 crore women on apna's platform, 6.7 million hail from tier-II cities, seeing a 33 per cent growth compared to the previous year.

Dive into the heart of India's biggest BFSI event held this October - Exclusive Exhibitor Interviews.

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Office leasing in BFSI sector between Jan-Sep at a decadal high: CBRE

Within the BFSI sector, demand for office spaces was led by Global Capability Centres in the top six cities in India: CBRE

Most Preferred Workplace 2023-24 highlights BFSI organisations leading the change

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BFSI forms larger pie of corporate profits in India than US, Europe

This surge is largely due to rising lending rates and an expansion in the net interest margins of banks and non-bank lenders

Apprentice skilling in IT/BFSI industry to create 5 mn jobs by 2025: Report

IT/ITES sector likely to pay between Rs 11,000 and Rs 75,000 to young apprentices

E-commerce, telecom, BFSI most sought-after sectors by freshers: Survey

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

BS BFSI Summit 2023: Professionally run mfg cos to drive PE growth in India

PE investment to flow to financial, healthcare, and consumer sectors

Let bankers play like Rahul Dravid

RBI Governor Shaktikanta Das's message to the financial sector

TMS Ep555: BS BFSI summit, Mid and SmallCaps, electoral bonds

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

Best of BS Opinion: Grassroots insurance, India's research riddle & more

Here is the best of Business Standard's opinion pieces for today

Tech is critical, but banks won't like to be tech companies: Citi India CEO

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

BS BFSI Summit: Crypto a threat to financial stability, says RBI guv Das

At BS BFSI Summit, Das expressed his concerns about regulating the use of cryptocurrencies and questioned the major tenets surrounding crypto terminology

Attrition high in private banks, they need to build core team: RBI's Das

Indian banking system and NBFC sectors at the moment are healthy and robust, said Das

BS BFSI Summit: Irdai considering SLBC-like body, says chairman Panda

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

BS BFSI Summit: Q2 GDP numbers likely to surprise on upside, says RBI's Das

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

Life insurance a sunrise sector poised for lift-off: CEOs at BS BFSI Summit

This capital gap alone shows the growth opportunity available in the life insurance industry over the next 10 to 15 years according to Naveen

BS BFSI Summit: General Insurance sector eyeing 1.5% penetration by 2030

In the past two decades, the industry grew at a rate of over 16 per cent despite seeing correction in prices