Top 10 Sectors That Created the Highest Jobs in 2012

4. Banking:

The banking sector in India has witnessed an unprecedented growth along with remarkable improvement of its quality of assets and efficiency. This sector has always been and will continue to be one of the most preferred avenues of employment in the country. The banking sector index has increased at a compounded rate of over 51 percent per annum since the year 2001, and managed to gross 27 percent increase in the market index during the same period. It is projected that, this sector has the potential to account for over 7.7 percent of GDP of the country and provide employment opportunities to about 1.5 million individuals.

The banking sector has remained largely unaffected by global financial crisis and has displayed a high level of resilience in the face of rupee depreciation, high domestic inflation and fiscal uncertainty in the U.S. and Europe. Presently, the banking sector has diversified its activities and is going global, which are bound to create new job opportunities in the coming future.   

In the year 2012, the banking sector accounted for about 24,500 new job opportunities across India.