Banking to open jobs for IT grads

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With the banking sector getting more and more tech savvy, the core tasks, such as book-keeping and accounting, have been replaced by IT applications.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