Mumbai, Delhi NCR and Bengaluru rank among top global financial services talent markets

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Mumbai, Delhi NCR and Bengaluru rank among top global financial services talent markets

Category: Business Tags: financial services, India talent hub, Mumbai, Delhi NCR, Bengaluru, Colliers India, BFSI, office demand, APAC, venture capital
Mumbai, Delhi NCR and Bengaluru rank among top global financial services talent markets
India is strengthening its position as an international talent base for financial services, with Mumbai, Delhi NCR and Bengaluru ranked among the world’s top 30 markets in Colliers’ Global Financial Services Markets: Top Talent Locations 2026 report.
The study assessed more than 200 markets worldwide using factors including labour availability, talent density, venture capital activity and industry output. It found that financial-services firms are broadening their location strategies as they balance access to skilled workers, costs and rapid technological change.
Mumbai was placed in the report’s Global Centres category, alongside markets characterised by international connectivity, concentrations of financial-services headquarters and deep front-office labour pools. Delhi NCR was identified as a Strategic Centre, while Bengaluru was listed among leading Domestic and Operational Centres.
Hyderabad, Pune and Chennai were also recognised as emerging domestic and operational locations. These markets typically support global and strategic centres through back-office, shared-services and specialised functions.
Asia Pacific represented 39% of the financial-services companies included in the Colliers analysis, the highest share of any region. The region accounted for about 36% of the global centres identified and 44% of the domestic and operational centres in the rankings.
Indian cities also performed strongly on labour availability. Colliers said six Indian markets ranked among the APAC top 10 on its labour index, with Bengaluru, Mumbai and Pune occupying the top three positions in the region.
The report gave Mumbai an overall score of 3.0 and a labour-index score of 3.6 on a scale of zero to five. Delhi NCR recorded an overall score of 2.6, while Bengaluru scored 2.7 overall and 4.0 on the labour index. Pune’s labour-index score was 3.5, followed by Chennai and Hyderabad at 2.4 each.
Arpit Mehrotra, Managing Director, Office Services, Colliers India, said India’s financial-services growth is being supported by talent, technology expertise and operational scale.
“India is rapidly strengthening its position as a global financial services hub, backed by a deep talent pool, technology expertise and operational scale. As firms increasingly look beyond global financial headquarters and delivery centers, Indian cities are well positioned to support both strategic and high-value business functions. Not surprisingly, Mumbai, Delhi NCR & Bengaluru feature in the list of top 30 global financial services talent centers. Moreover, with increasing space uptake from leading global and domestic BFSI firms, the sector is likely to account for 15-20% of office demand in the next few years,” Mehrotra said.
Mumbai remains India’s leading financial hub, but Colliers said Delhi NCR, Bengaluru, Hyderabad, Pune and Chennai are attracting more financial-services companies because of their talent pools, cost advantages and maturing business ecosystems.
Demand for specialists in digital banking, risk management, data analytics and artificial intelligence is also helping Indian cities move beyond traditional delivery functions toward higher-value financial-services work.
Mike Davis, Managing Director, Asia Pacific, Occupier Services, Colliers, said access to reliable market data is becoming more important as companies reconsider their workforce and real-estate strategies.
“As organizations reassess their talent and real estate strategies, access to market data and insights is becoming more important. Firms taking an evidence-based approach will be better positioned to compete for talent and capture growth. We envisage a more distributed and flexible global model for financial services delivery, with Asia Pacific positioned at the center of future growth,” Davis said.
The report said digitalisation and growing AI adoption are reshaping financial-services workplace models while leading Indian markets strengthen front-office capabilities and take on more complex functions.
Source: Colliers’ Global Financial Services Markets: Top Talent Locations 2026 report, shared with Newz9 through Slough PR.