CMS Is Planning To Create 1000 Job Vacancies

CMS Is Planning To Create 1000 Job Vacancies. A cash management services company is giving a job to 1000 people, know where you can get a chance. Cash management services company CMS is planning to recruit one thousand employees in the next two months.

The company is also set to enter into cash recovery operations for its partner banks, non-banking financial companies (NBFCs), and microfinance institutions.

A top company official said, CMS Info Systems (CMS) has tied up with many companies including Mahindra Finance, L&T Finance, and Hero Fincorp to collect cash and checks.

Anush Raghavan, senior vice-president and head of CMS’s cash business unit, said the company has a presence in 98.3 percent of the districts with a network of 115,000 ATMs and retail outlets in the country. This gives the company an important position in the economy.

He said, ‘CMS has extended the services of NBFCs. In addition to home banking services for senior citizens, we are also looking at travel, education, check collection for the insurance industry, and cash collection for other industries.

For this, we are thinking about appointing one thousand people in the next two months. We will expand further in the current financial year and make additional appointments.

CMS said, apart from cash collection, collection agents of CMS will also introduce other services for KYC and other technology-enabled services like NBFC and MFI. The average salary of such collection agents can be more than Rs 30,000 per month.

The CMS said that the cash collection service is primarily for semi-urban and rural cities. The use of cash continues in rural and non-metro cities in India.

Meanwhile, today, on the first trading day of the week i.e. Monday, the stock market opened on the green mark. The Bombay Stock Exchange’s flagship index Sensex opened up 215.84 points at 37604.50 level.

At the same time, the National Stock Exchange’s Nifty opened with a gain of 55.10 points at 11105.35.

The domestic stock market closed on the previous trading day. The Sensex closed up 835.06 points at 37388.66 and the Nifty gained 244.70 points to close at 11050.25.

Among the leading stocks, shares of Britannia, HCL Tech, Tech Mahindra, Coal India, and GAIL opened on the green mark today. The shares of Shree Cement, JSW Steel, IndusInd Bank, UPL, and Infosys opened on the red mark.

The global market gained on Friday. The US market Dow Jones was up 358.52 points at 27,174.00. At the same time, Nasdaq closed at 11,151.10 level. On the other hand, the S&P closed at a level of 3,298.46, up 51.87 points.