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Banking to open jobs for IT grads

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DQI Bureau
New Update

According to recent media reports, The banking industry will throw open 7.5 lakh jobs in the next five years. Those with technology skills stand a fair chance of getting one in the banking sector.

With the banking sector getting more and more tech savvy, the core tasks, such as book-keeping and accounting, have been replaced by IT applications.

In the report it is said that the banking industry contributed up to 40 per cent of the IT industrys revenues. A conservative estimate has pegged the size of the BPO, KPO (business and knowledge process outsourcing) opportunity in capital markets alone at $6 billion.

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