Financial Services

India has a highly diversified financial sector that is undergoing rapid expansion with the existing financial services firms experiencing strong growth and new corporate entities entering the market.

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Financial Services

About the industry

Though the Financial services sector in India is predominantly a banking sector, Recrooot.com helps provide Financial services firms comprising commercial banks, insurance companies, non banking financial companies (NBFC’s), Mutual Funds etc. with mid and senior level talent.

Capturing New Ground

The Mutual fund industry has seen rapid growth in Assets Under Management (AUM). Another important component of India’s Financial industry is the insurance industry which has been expanding at a fast pace. Along with the secondary market, the market for Initial Public Offers (IPO’s) have also seen a high increase. New Investments and Developments are creating a huge demand for skilled finance managements to head Financial Services Companies who have set their sights on capturing new ground and delivering unprecedented results.

Investments

Investments by Foreign Portfolio Investors (FPI’s) in Indian capital markets are at the highest they have ever been. Similarly private equity and venture capital (PE/VC) investments have touched record highs.

Road Ahead

India is today one of the world’s fastest growing vibrant economies growing largely on the back of robust banking and insurance sectors. Relaxation of foreign investment rules has led to a positive response in the global markets.

Hire Right

Credit, insurance and investment penetration is rising in rural areas. Wealth management segment is also seeing increased growth due to HNI participation. The demand for qualified professionals has thus increased.

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