BFSI SECTOR HIRING
Indian staffing cos step up global reach to diversify revenues
Indian staffing companies are actively expanding their global reach. They are tapping into international talent shortages across sectors like healthcare, engineering, and technology. This strategic move aims to diversify revenue and enhance profit margins. Firms are focusing on regions like Southeast Asia, the US, and Europe. This expansion is driven by client demand and the growth of global capability centers.
Majority of Indian firms face persistent external disruptions: Report
Indian businesses face talent challenges due to external disruptions. Climate shocks, infrastructure issues, and health outbreaks are affecting hiring and retention. Nearly half of companies report these impacts. This trend is shifting workforce dynamics, with younger professionals prioritising quality of life in smaller cities. Organisations must adapt to build resilience and secure future growth.
Diversity hiring jumps 21% despite slowdown in white-collar recruitment: foundit
White-collar hiring in India saw a slowdown in May 2026. However, diversity hiring experienced a substantial surge. This trend highlights a strong employer focus on inclusive workplaces. Women lead diversity hires, with significant growth in PwD representation. IT and Consulting sectors are at the forefront of this inclusive recruitment drive. Bengaluru leads as the top diversity hiring hub.
India's overall white-collar hiring dips 6 pc in May; diversity recruitment surges by 21 pc: Report
White-collar hiring in India saw a 6 pc dip in May 2026. Overall job postings decreased by 4 percent compared to the previous year. However, companies significantly boosted diversity hiring, with a 21 percent increase. This indicates a strategic focus on inclusive workforces even as the job market remains cautious. Sectors like travel and tourism showed strong hiring momentum.
India's brain-gain moment may be starting with a crack in the American dream
As green card backlogs, visa uncertainty and layoffs reshape the American dream, India is emerging as a stronger destination for globally experienced professionals. Experts say GCCs, AI, semiconductors and product firms could absorb returning talent, though compensation gaps and ecosystem challenges remain.
India crowns Meta AI; More layoffs hit tech
India is now the ground zero for Meta’s AI push, WhatsApp chief Will Cathcart told us. This and more in today's ETtech Top 5.
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Skyroot, a newborn unicorn; AI pay gap grows
Skyroot Aerospace became India’s first spacetech unicorn after its latest funding round. This and more in today’s ETtech Top 5.
Upwind: A US cybersecurity co shares what's in demand now as wars move to the cloud
Upwind, a US cloud security firm, is expanding into India and Asia-Pacific. Demand is rising from defense and government sectors due to cyber warfare. The company sees India as a key growth market. Upwind plans to invest in local infrastructure and partnerships. A new development center in Pune will support global engineering efforts.
Indians are driving most intensive AI applications: Anthropic India MD
India is a global AI powerhouse, with users driving advanced applications and Claude.ai seeing its second-largest user base here. This surge is dramatically boosting productivity, with tasks now taking a fraction of the time. GCC revenues are soaring, but AI is reshaping hiring trends.
The growing pay gap: AI skills drive 60% higher salaries in tech
AI-skilled professionals are commanding significant pay premiums, earning up to 60% more than their peers in other tech fields. This widening salary gap is expected to persist and grow over the next two to three years as companies increasingly adopt AI-influenced pay frameworks and automation impacts entry-level roles.
AI adoption to influence salary growth within 2-3 years: TeamLease CEO Shantanu Rooj
AI is transforming Indian workplaces. Employees leveraging AI skills will see career advantages in the coming years. Sectors like technology, GCCs, and BFSI will lead this shift. Companies are integrating AI into core strategies, not just as tools. This will impact appraisals and career growth, especially in digitally intensive roles. Upskilling is now crucial for career advancement.
AI talent gap of nearly 40% emerges as biggest bottleneck for GCC growth: Quess report
India's Global Capability Centres are grappling with a significant talent deficit in AI and data skills. This shortage, now at 38-42%, is a major obstacle to growth. The demand for advanced skills like generative AI and MLOps outstrips supply. Companies are increasingly turning to contractual hiring to fill these critical roles.
Zepto vs rivals; Cybersecurity goes outsourced
As Zepto lines up a public markets debut this year, a look at how it stacks up against rivals Blinkit and Instamart. This and more in today's ETtech Top 5.
Demand for senior technology leaders in India is bucking a slowdown in broader tech hiring
As per experts, many MNCs are considering shifting global tech positions to India, mostly to their GCCs. Ratna Gupta, senior partner, ABC Consultants, said the uptick in tech leadership hiring is strong, especially over the last two–three quarters in comparison to the first half of FY25 when companies were relatively cautious. There is an about 20% increase in mandates at the director, vice-president and higher levels, she said. “Quite a few country heads for GCCs are also coming in.”
ISB Class of 2026 sees highest salary of Rs 1.56 crore, average salary of Rs 37.29 lakh during placements
The Indian School of Business PGP Class of 2026 achieved significant placement success. A total of 1,117 job offers were extended to 808 students across its campuses. The average salary package reached Rs 37.29 lakh per annum. Consulting, technology, and BFSI sectors were the dominant hiring domains. Accenture emerged as the top recruiter.
Demand shoots up for candidates who can join quickly: foundit Insights Tracker
Companies now want employees who can start work right away. This trend is driven by shorter project deadlines. Nearly one in three job ads specify immediate availability. Demand for quick joiners has surged 58% since 2022. This creates a talent gap as candidate availability grows slower.
BFSI sector to add 2.5 lakh jobs by 2030; hiring shifts to tier II, III cities: Report
India's Banking, Financial Services, and Insurance sector is poised for significant expansion. Hiring is expected to increase substantially in the coming years. Nearly 2.5 lakh permanent positions will be created by 2030. Demand is growing in tier II and III cities. This shift is away from metro-centric recruitment. Companies are seeking candidates with local language skills.
India's real jobs action moves out of metro centres
Recent data has revealed a significant increase in job openings in tier-2 cities, with hiring rates more than doubling those in metropolitan areas. The Randstad Talent Insights Report 2025 highlights key sectors such as BFSI, manufacturing, retail, and IT driving this trend.
AI roles fetch up to 40% more pay as GCCs open purse strings
Demand for generative AI skills in India’s GCCs rose 32% in 2024, with roles like GenAI engineers commanding 25–40% salary premiums, driven by BFSI, retail, and tech platform adoption.
Bengaluru leads in hiring; BFSI, IT sectors see rise in job openings
A recent Randstad survey reveals Bengaluru as India's top Tier-1 hiring hub across various industries and experience levels. The job market is recovering in key sectors like BFSI, IT, and manufacturing, with Bengaluru dominating demand. Tier-2 cities also show strong junior-level hiring, contributing to India's economic and talent growth.
Banks up tech hiring with RBI pushing for enhanced risk management
In response to the RBI's increasing focus on financial sector stability, banks are bulking up their technology capabilities by expanding their tech teams and increasing IT investments. This comes amid the growing importance of cybersecurity and the need to adopt AI-driven services, which are becoming essential components of the banking industry.
79% IT/ITeS employers foresee increase in apprentice hiring: Quess Corp
Currently, more than 900,000 youths who are apprentices are in the age group of 23-26 years. As per the Quess report, employers in the IT/ITES sectors are likely to pay Rs 11,000-75,000 per month to apprentices aged 20-24 years. However, the stipend pay for other sectors differs depending on educational qualifications. In the current scenario of apprentice hiring, registration of women candidates has seen nearly a sevenfold increase in the past five years, to about 148,000 in 2022-23 from 22,427 in 2018-19.
It's raining jobs for freshers at banks
Banks and NBFCs are expected to add more than 70,000 freshers to their payrolls in the next three years as they expand their footprint and add feet on the street to service more customers, an estimate by TeamLease shows. As per experts, freshers are crucial for the BFSI (banking, financial services and insurance) segment to meet surging volume demand and they could make up nearly a fourth of entry-level jobs.
Education, real estate, BFSI show sequential hiring growth in January: Naukri JobSpeak
The monthly index that calculates and records hiring activity based on the job listings on Naukri.com website showed education/teaching domain sector recording a 11% increase in hiring in January versus a month ago as colleges and schools are set to re-open after remaining shut for nearly ten months following the Covid 19 outbreak.
Hiring in IT records highest growth in last 3years between Jan-Jun2018
The much awaited TimesJobs RecruiteX Biannual Jan-Jun 2018 Report is here. Almost all the ten industrial sectors covered in this report have witnessed an upt...
These Tier II cities are on a hiring spree
24% Was the rise in hiring in the BPO/ITeS sector which was the highest in May 2017. 14% was the rise in demand in the BFSI sector.
Indian job market on revival mode: Report
The job market opened up in 2014 with an average 17% rise in demand. The report highlights that BFSI led the online hiring activity followed by IT and production and manufacturing.
66% recruiters expect new jobs to be created in second half of 2015: Survey
The half yearly survey which gauges the hiring sentiment across sectors and industries, was conducted amongst more than 1900 recruiters and consultants.
Hospitality sector beats IT, BPO, Retail, BFSI in hiring
In a month-over-month analysis, the talent demand in the industry is higher than high volume industries such as IT, BPO, Retail and BFSI.
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