Financial Services

The financial services sector in India (sometime abbreviated as BFSI for Banking, Financial Services and Insurance) has been growing at a steady 9%-10%. This has been on the back of rising demand from the middle class. Furthermore, India's banking system is currently highly-underpenetrated. These facts combined with the attractive demographic profile of the country (54% of the country lies in the 15-35 year age group) and a high annual savings rate of over 9 per cent, bode well for increasing demand for financial services. By some estimates, the financial services industry could be 5 times its current size in the next 10 years.

An investment bank is a financial institution that assists individuals, corporations and governments in raising capital by underwriting and/or acting as the client's agent in the issuance of securities.

Global investment banking revenue increased for the fifth year running in 2007, to a record US$84.3 billion, which was up 22% on the previous year and more than double the level in 2003. Subsequent to their exposure to United States sub-prime securities investments, many investment banks have experienced losses since this time.

These facts present a challenge for companies operating in this space. For an industry to grow fast, the talent pool must also grow fast. This however, is not the case with the Financial services industry. It is here that we partner with our clients across the financial services spectrum to overcome the challenge of attracting talent in a growing industry. Our expertise in Investment Banking, Retail Banking, Capital Markets and Insurance assures that we are able to meet all of our clients' talent needs.

Our financial recruiters are well connected, dynamic and experienced in the industry. They intricately understand the banking and finance marketplace and have successfully fulfilled the vacancies. We have chosen our office locations in prime cities, offering global opportunities to the corporates as well as the candidates. Our clients consist of major investment banks, corporate commercial banks, investment houses, business groups and rating agencies.