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Banks will have 30% Tech / Digital resources in next 3 years

Currently banks have 3 to 5% of their resources in Tech / Digital teams. As existing banks start competing with Digital Banks / Fintechs, they will start reconfiguring themselves as “Tech Powered Business”. Bank’s IT team would move from pure support role to business roles.

This will result in dramatic increase in Tech hiring for successful banks. This would open up opportunities of different kind and new roles would emerge like:
– API Product Managers
– Chief BAAS Officer
– Blockchain Specialist
– Data Scientist
– Tech Relationship Manager

1000+ hiring will happen in Banks and NBFCs across India in this year with epicenter being in Mumbai.

What do you think?

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