Background Verification Lacks Basic Infrastructure in India
Background Verification has become an important part of recruitment today. With the growing technology and people having trust issues with each other, almost everyone is going through before hiring an employee. The Indian background screening industry has grown rapidly over the last few years, but it is nowhere close to where it should be. How serious is the situation of background screening in India today? The background verification in India has come to light around 1999, with the blooming of the banking, financial services and insurance sectors, and the growth of IT companies and BPOs. After that, the US companies working with their Indian counterparts started demanding background verification. They wanted to ensure the safety of their work in India. It is where this process has started experiencing exponential growth within the country. In India, it has become a serious and important concern with the growing number of cases of employee fraud and...