BFSI

Portfolio manager and risk manager were among highest paid job roles in the BFSI sector, which witnessed a 53 per cent growth in job postings during February 2020-2023, according to a report on Thursday. The highest paying job roles in the Banking, Financial Services and Insurance (BFSI) sector were portfolio manager, risk manager and investment banking analyst earning a yearly median salary of Rs 11,50,000, Rs 9,00,000 and Rs 7,00,000, respectively, a report by global job site Indeed said. During the February 2020-2023 period, some of the other job roles that featured in the top 10 list of highest salaries include finance manager, wealth manager and credit manager, it added. The report is based on an analysis on data from Indeed site during February 2020-February 2023. Further, the data revealed that the top five job roles with the highest percentage of job postings are bank officer (11.29 per cent), loan officer (5.27 per cent), financial analyst (4.46 per cent), finance manager

Company's systems used at Taj Mahal, Qutub Minar and by State Bank of India, Punjab National Bank

MF heads are divided over the lack of talent in the industry

Business Standard brings you the top headlines at this hour

The sector is expected to outperform

According to industry reports, southern cities, especially Bengaluru, Chennai and Hyderabad, are emerging as leading hubs in office space leasing owing to robust demand from tech and flex players

We romanticise the good part of the markets, ignoring the bad part, says Shankar Sharma, founder, GQuant Investech

Need insurers catering to niche sectors akin to NBFCs, MFIs: Rakesh Joshi

'Heartening to see banks increasing green exposure'

Every equity market across the globe has and will have its day, and Indian markets are having their day right now

Cryptos are speculative but underlying tech has merits

Top MF executives believe that debt funds lik equity schemes can reach households if pitched well

Naren said after a long time the need for money in the deposit market has come and we see hikes in bank deposit rates

Globally, insurance is moving to a risk management and a risk service business. India also has to do the same

With this, monthly SIP inflows can reach Rs 50,000 cr, says Sebi whole-time member

Work done by life insurance industry led to economic revival amid Covid

Will Sebi's latest decisions enhance value for shareholders? Why is the RBI Guv worried about cryptocurrencies? Will the dairy sector see margin relief in FY23? What is Matter? All answers here

Business Standard's BFSI Insight Summit kicked off on Wednesday with a keynote fireside chat with the RBI Governor Shaktikanta Das, moderated by consulting editor Tamal Bandhopadhyay. Excerpts here

BS BFSI Insight Summit 2022: The insurance companies are also in the process of developing state-level insurance plans in collaboration with state governments, Joshi added