India has one of the most systematic developed financial markets in the world and has the potential for growth. The sector has government financial institutions, commercial banks, insurance companies, NBFCs, pension & mutual funds, and other smaller financial entities. The banking regulator has allowed new entities such as payments banks recently operating in the sector.
The new entities are facing new challenges in the financial services sector in India and need to hire highly talented professionals with prior experience and skill sets to address the huge potential growth ahead of the industry.