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  • Job Sectors
    • Healthcare
    • Retail
    • BFSI
    • Automotive
    • Logistics
    • Hospitality & Tourism
    • Telecom
    • IT / ITeS
    • Beauty & Wellness
    • Education, Training & Research
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  • Healthcare
  • Retail
  • BFSI
  • Automotive
  • Logistics
  • Hospitality & Tourism
  • Telecom
  • IT / ITeS
  • Beauty & Wellness
  • Education, Training & Research
Menu
  • Healthcare
  • Retail
  • BFSI
  • Automotive
  • Logistics
  • Hospitality & Tourism
  • Telecom
  • IT / ITeS
  • Beauty & Wellness
  • Education, Training & Research

Apply Now

BFSI
  • Overview
  • Sub-sectors
  • Employers
  • Competency Required
  • Indicative Growth Path
  • Job Clusters
Menu
  • Overview
  • Sub-sectors
  • Employers
  • Competency Required
  • Indicative Growth Path
  • Job Clusters

Overview

BFSI means Banking, Financial Services and Insurance. This sector includes institutions and companies that provide different financial products & services like banking, insurance, and investments.

Industry Drivers

The Indian BFSI sector is growing rapidly because:

  • The focus is on customer facing and sales jobs due to an increase in foreign banks investing in India
  • Sales and Business development roles will be in high demand in the upcoming years

Employment Opportunities

The number of people employed by the BFSI industry is expected to grow at 5-10% annually. By 2022, the BFSI sector is expected to have 421 lakh employees.

Sub-Sectors in BFSI

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Banks

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Banks

Includes different types of banks such as:

  • Public Sector Banks
  • Private Sector Banks
  • Regional Rural Banks
  • Foreign Banks
Learn More

Brokerage Firms

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Brokerage Firms

Includes Advisory Services for financial decisions by providing information about investments, valuation, financial planning, and Wealth Management Services for investing money and receiving returns on investment.

Learn More

NBFCs

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NBFCs

Types of Non-Banking Financial Companies (NBFCs) include:

  • Asset Finance Companies
  • Investment Companies
  • Loan Companies
  • Infrastructure Finance Companies
  • Core Investment Companies
  • Infrastructure Debt Fund
  • Micro-Finance Institutions
Learn More

Mutual Funds

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Mutual Funds

Mutual Fund Services offer investments in which multiple parties contribute. These Funds are popular as they are managed by professionals and risk can be controlled.

Learn More

Insurance

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Insurance

A way to protect us from financial loss, through monthly or annual payments. Types of Insurance include:

  • Health
  • Life
  • Travel
  • Business
  • House
  • Car
Learn More

Top Brands in BFSI

Competencies Required

BASIC DIGITAL LITERACY
BASIC DIGITAL LITERACY
COMMUNICATION SKILLS: ORAL AND WRITTEN
COMMUNICATION SKILLS: ORAL AND WRITTEN

TEAMWORK
ATTITUDES & BEHAVIORAL SKILLS

CUSTOMER CENTRICITY
CUSTOMER CENTRICITY
WORKPLACE AWARENESS

PROBLEM SOLVING
ENTREPRENEURIAL MINDSET

BASIC DIGITAL LITERACY
BASIC DIGITAL LITERACY

COMMUNICATION SKILLS: ORAL AND WRITTEN
COMMUNICATION SKILLS: ORAL AND WRITTEN

TEAMWORK

ATTITUDES & BEHAVIORAL SKILLS

CUSTOMER CENTRICITY
CUSTOMER CENTRICITY

WORKPLACE AWARENESS

PROBLEM SOLVING

ENTREPRENEURIAL MINDSET

Skills Required

BASIC DIGITAL LITERACY
BASIC DIGITAL LITERACY
BASIC DIGITAL LITERACY

BASIC KNOWLEDGE OF COMPUTERS
COMMUNICATION SKILLS – ORAL AND WRITTEN

ABILITY TO HANDLE A TEAM
PROBLEM SOLVING, LOGICAL AND ANALYTICAL SKILLS

TECHNICAL APTITUDE
STATISTICAL SKILLS

BASIC DIGITAL LITERACY

BASIC DIGITAL LITERACY
BASIC DIGITAL LITERACY

BASIC KNOWLEDGE OF COMPUTERS

COMMUNICATION SKILLS – ORAL AND WRITTEN

ABILITY TO HANDLE A TEAM

PROBLEM SOLVING, LOGICAL AND ANALYTICAL SKILLS

TECHNICAL APTITUDE

STATISTICAL SKILLS

Employers in BFSI

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Indicative Growth Path

Cashier
Branch Authorizer
Customer Service Executive
Cashier
Branch Authorizer
Customer Service Executive
Relationship Manager
Personal Banker
Branch Manager
Relationship Manager
Personal Banker
Branch Manager
Regional Manager
Zonal Manager
National Head
Regional Manager
Zonal Manager
National Head

Training Center

(Source: http://pmkvyofficial.org/)

Job Clusters: Indian cities with most jobs in the BFSI sector

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