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Top News In Bfsi Gccs Today - Breaking & Trending Today
Avanse Financial Services, an education-focused non-banking financial company, has appointed Vikrant Gandhi as its Chief Financial Officer. With over 28 years of experience in BFSI, automobile, and consumer brand sectors, Gandhi will focus on financial strategizing to ensure Avanse remains on its growth trajectory, overseeing governance, compliance, risk, and asset positions. ....
In the last few weeks, just because one bank has underperformed and was able to drag the market lower, that does not mean everything in one of the most important sectors of the economy, which is BFSI, is bad. This distinction needs to be made because in BFSI space every segment has a very different operating matrix and hence the growth path. So, while banks might be under pressure, AMCs have been doing well. Similarly, life insurers are under pressure but the general insurance companies have done well. So rather than a broad brush, have a look at companies individually for better decision-making. So rather than a broad brush, have a look at companies individually for better decision-making as analysts are bullish on many companies in the financial services space. ....
The BFSI sector has embraced data analytics and AI to improve customer experience. Upskilling in AI-related domains and developing soft skills is crucial for professionals to stay ahead of industry trends and drive innovation in the Gen AI era. ....
The IT sector’s wage bill growth fell to 3% in Q3 FY24 from 22% in the same quarter last year.Sectors like FMCG, metals, power, cement, pharma, chemicals also ....