Vendors and end-user organizations are keen to invest in IT, creating many new positions, said , adding that most banks are still investing in large scale new tech projects and this will keep recruitment a high level throughout this year.

Salary wise, increments for staff remaining in the same role in vendors and end-user organizations are likely to be in the 2-5 percent range while pros moving to new roles will be able to command rises of 10 to 15 percent in vendors, end-user companies, and banks, said the recruitment firm.