No takers for 18 lakh jobs in financial services sector: FPSB India CEO

Financial Planning Standards Board (FPSB) India CEO Krishan Mishra said there were no takers for roughly 18 lakh jobs in India's financial services sector last year as per government data. "Jobs are there, but people aren't capable enough to take them up," he said. "Banks, insurance companies...and mutual fund companies are always in need of trained people," he added.