2024 Indian finance professionals may see a 10% salary increase, with higher salaries already present in India compared to Singapore and Hong Kong.
Finance professionals in India may see a 10% salary increase in 2024, compared to 4% in Hong Kong and Singapore, according to Bloomberg Intelligence. This indicates that companies are leveraging India's economic growth amid China's slowdown, with banks such as HSBC, Julius Baer, Mitsubishi UFJ, and DBS expanding their presence in the country. Salaries for investment bankers are already higher in India than in Singapore and Hong Kong.
March 15, 2024
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