The rapidly growing banking, financial and services industry (BFSI) sector in India is expected to create about a million jobs every year for the next five years. The insurance industry will lead by creating 500,000 jobs, according to industry sources.
The issue is no longer about finding jobs for people, but ensuring that there are enough people with relevant skills for the jobs at hand.
The foremost challenge lies in finding the right people with the right skills, says ICICI Bank Managing Director and Chief Executive Officer K V Kamath.
