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India’s finance industry is experiencing high demand for skilled talent, with many positions offering starting salaries exceeding Rs 1 lakh per month. Sectors such as investment banking, fintech, and risk management are hiring actively as businesses grow, markets evolve, and digital technologies transform financial services.
The Finance Ministry is reconsidering the merger of Oriental Insurance, National Insurance, and United India Insurance after recent government capital support strengthened their financial positions. Although the consolidation plan was postponed earlier, improved finances have revived the proposal, with efficiency and scale being major motivations. The government is also evaluating the possibility
Finance Minister Nirmala Sitharaman stated that the government is in discussions with the banking regulator and industry representatives to develop large, world-class Indian banks. Work is also ongoing on the consolidation of state owned banks. She added that the Centre will engage with lenders to determine the way forward and is consulting the RBI on strategies for building larger banks.