The emergence of digital money and cryptocurrencies is going to revolutionize the BFSI sector.
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This implies that new job designations will be created given applications of FinTech and Blockchain technologies. Below is the list of prominent sectors in BFSI industry job growth:
· Alternative Finance / Cryptocurrency
· Commercial Banking
· Hedge Funds
· Investment Banking
· Mutual Funds
· Online Banking
· Pension Funds
· Stock Brokerage
Following FinTech and Alternative Finance sectors, Insurance, Mutual Funds and Stock Brokerage demand the highest workforce owing to its marketing and sales-centric requirements. Another notable sector of job growth is the non-banking financial corporation (NBFC) sector. There has been a surge in this sector over the past few years with 20-25% annual growth. These double-digit growth is expected to continue until 2025.
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