Mumbai is considered as the commercial capital of India having an economy of $278 billion. Mumbai is also known as one of the world’s top ten centers in terms of financial flow. Mumbai is called for more than 6.16 percent of economy having 10 percent of factory employment, 20 percent of central tax collections, rupees 40,000 crore (US $10 billion) in taxes to the economy of India, 30 percent of income tax collections, 60 percent of customs duty collections and 40 percent of foreign trade.
There are number of headquarters of financial institutions which are the Mint, Bombay Stock, National Stock Exchange and Reserve Bank of India. The revenue generated from these banks are huge. The aspiring candidates get a lot of opportunities in bank jobs in Mumbai.
|Bank||Revenue (billion US$)|
|State Bank of India (SBI)||36.95|
|Reserve bank of India||311.86|
|Bank of Baroda||5.51|
|Bank of India||5.44|
|Union bank of India||4.12|
Presently there are a lot of job vacancies in the banking sector due to its increasing demand. In Mumbai, there are many banks who are hiring candidates like Yes Bank, Bank of Bombay, Bank of India, Corporation Bank, Central Bank of India, Axis Bank, Reserve Bank of India and through IBPS too. There are too many vacancies for bank jobs in India.
Maximum of the aspirants after their graduation seems to be confused about their job. Mumbai is one of the metropolitan cities where most of the candidates turn up searching for a job. The job opportunities are wider compared to other cities. The stock market turnover including the revenue is huge in Mumbai which is due to the maximum number of employment in the job sector.
Aspiring candidates who want a career in financial and banking sector can visit Byju’s. Here candidates can get detailed information about all the latest bank exam and bank jobs. The Byju’s website consist of every detailed information in accordance with the latest syllabus and pattern.