Notably, Management Occupations jobs accounted for a 34% share of the Indian banking and payments industry new job postings in Q2 2024, up by 41% over the prior quarter.

Management Occupations drive banking and payments industry hiring activity

Of the industry's total hiring activity, the highest number of new job postings were for Management Occupations, which accounted for 34% of the total new job postings in Q2 2024 and were up by 14% year-on-year. Second highest were Computer and Mathematical Occupations, which accounted for 16% and drop by 31% year-on-year, and third highest were Business and Financial Operations Occupations, which were 17% of the new job postings and 39% lower year-on-year.

Top five companies in banking and payments industry accounted for 51% of hiring activity

The highest number of jobs were posted by Kotak Mahindra Bank with 13,198, followed by JPMorgan Chase & Co with 3,202, while the highest increase was at DBS Bank at 131%.

For further understanding of GlobalData's Banking & Payments: Hiring Trends & Signals Q2 2024, buy the report here.

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