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Recruitment in NBFCs to Increase by 40% in the Next One Year

September 05, 2018

Recruitment in NBFCs to Increase by 40% in the Next One Year

Industry experts predict that due to increased innovation and market growth, the hiring activity in the Non-Banking Financial Companies (NBFCs) will increase by as much as 35-40% within a year. 

The experts said that at present, the traditional banks are struggling with massive bad loans giving the NBFCs an edge. As a result, hiring in Tier-II cities will increase for various roles in risk management, underwriting, collection, and sales. 

According to the staffing company Xpheno, NBFCs will create around 2.5 to 3 lakh jobs next year.

Photo credit: perzonseo on Visualhunt / CC BY

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