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.
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