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BFSI sector embraces AI-driven transformation in hiring and operations

Microfinancing is showing a 8-10% demand increase, Also, retail lending products like Credit Cards, Home Loan, Personal Loan etc are showing a steady growth of 7-8% growth in employment.

Krishnendu Chatterjee
  • VP & Business Head

ET Edge, September 12, 2024
Corporate India’s top 6 go long on profit, short on jobs

Over the past three years, several factors have contributed to the limited growth in headcount across various sectors. The excess hiring during the Covid-19 period has resulted in stagnation in subsequent years, further impacted by rising input costs and slower volume growth.

Kartik Narayan
  • CEO - Staffing

Financial Express, September 19, 2024
Alternative debt platforms expand pool for consumer firms this festival season

E-commerce companies expect sales to surge by 30-35 per cent this festive season, due to the rise of quick commerce and consumer spending capacity.

Balasubramanian A
  • Senior VP & Business Head

What News, September 10, 2024
The Unfolding Landscape of AI-Driven Job Roles in Banking, Financial Services, and Insurance

One of the most visible impacts of AI in BFSI is in customer service. AI-powered chatbots and virtual assistants are transforming the way financial institutions interact with their clientele.

Krishnendu Chatterjee
  • VP & Business Head

India AI, September 09, 2024
Q-commerce players in quick hiring mode amid boom

For the August-October period, there is a 20% sequential uptick in quick commerce hiring.

Subburathinam P
  • CSO, Staffing

Economic Times, September 08, 2024
India is moving swiftly towards instant delivery boom

Many consumers are past the phase of starry-eyed modern trade 'experiences,' especially in urban areas. These days, speed and convenience come first.

Balasubramanian A
  • Senior VP & Business Head

India Herald, September 05, 2024
Festive feast: E-com, logistics players load up carts for peak demand

Projections indicate that by 2026, the sector’s inclusive nature will become evident, with Tier-II, -III & -IV cities and rural India driving more than 60% of e-commerce demand.

Balasubramanian A
  • Senior VP & Business Head

Business Standard, September 05, 2024
Beyond the grocery rush: What’s fuelling India’s instant delivery boom?

Particularly in urban areas, many consumers are past the phase of starry-eyed modern trade ‘experiences’. Now they prioritise convenience and speed.

Balasubramanian A
  • Senior VP & Business Head

India Today, September 04, 2024
India Inc extends gender diversity push to temporary hiring for festive season

There is a growing trend where companies are not just focusing on diversity for temporary roles but are also using these hires as a talent pipeline for full-time positions.

Balasubramanian A
  • Senior VP & Business Head

Economic Times, September 04, 2024
How budget 2024 turbocharges manufacturing jobs

Micro, Small, and Medium Enterprises (MSMEs) play an important role in the country’s development as well as job reaction. This year’s budget places a strong emphasis on empowering MSMEs with strategic funds.

Subburathinam P
  • CSO, Staffing

Manufacturing Today India, September 03, 2024
Infant Attrition on Rise; Accounts for 10-15% of Annual Labour Movement

Infant attrition rates in India are increasingly becoming a significant concern, particularly among individuals in the 22-32 years age group. This demographic is experiencing an annual growth rate of approximately 4-5%, which is alarming. The rise in attrition is primarily influenced by several factors, including a poor work-life balance that many young professionals face today. Additionally, the lack of flexibility in work arrangements further exacerbates this issue, making it challenging for employees to manage their personal and professional lives effectively. As a result, organizations must address these concerns to retain talent.

Subburathinam P
  • CSO, Staffing

News 18, September 01, 2024
Sarathi & Mahajyoti students protest 100% Bharti scholarship

The overall headcount increase in the flexi staffing space as an industry is expected to be 15-20% over last year.

Kartik Narayan
  • CEO - Staffing

Times Of India, August 29, 2024
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