Banking, Insurance & Financial Services:

The Banking, Financial Services & Insurance (BFSI) industry is going through an exciting time of challenges and opportunities. The BFSI industry today is characterized by globalization, consolidation and convergence. Banking, with assets of US$ 273 billion and deposits of US$ 223 billion, remains the backbone of this sector. With the economy growing at 8.6%, the need for banking services is growing at 34%.

The changing market dynamics have redefined the way Banking, Financial Services & Insurance companies conduct their business, deliver services to clients and manage their operations.

We understand that these require skilled resources across Sales, Marketing, Credit and Operations. With knowledge across diverse sectors such as Retail Banking, Personal Banking, Wholesale Banking, Investment banking, Asset management, Brokerage Services, Exchanges, Financia,l services delivery, Custodial Services, Risk Management Loans & Mortgage and Life Insurance & Health insurance.

With seven of the top twenty Micro Financing companies in the world coming from India, This is perhaps the best thing to happen particularly considering the growth across different sectors in India. This will keep the growth trajectory of Indian economy, simply by creating an opportunity for an inclusive growth across Rural and financially backward communities which are significant enough to equate to the population of few countries put together in Europe.

With Global banks expanding on retail operations and Industry consolidating, Indian Financial market aligning to Global Financial Market Trends and Indian Financial Institutions going Global, Challenges are multi-fold and response time defines the success of the Institutions. Managing Young talent in a highly competitive technologically fast changing and converging world with globally diversified Talent, Organizations have a serious job at hand.

etchR with its team of Professionals and appropriate solutions offer Partnership and support in better managing these situation and get ready for much tougher times ahead.