MSME Financing Market in India 2020
Micro, small and medium enterprises (MSMEs) play a pivotal role in the Indian economy. About 63.38 Mn enterprises operational in various industries have provided employment to more than 111 Mn people. The MSME sector accounts for 30% of the country’s GDP, which is likely to touch 50% in 2025. The in...
6/1/2020 | Banking, Financial and Insurance Services (BFSI)
Pension Fund Market in India 2020
The Indian pension industry is a complex and fragmented system. However, the current demographic structure makes it one of the most feasible markets for pension fund providers. The fertility rate in the country has decreased drastically from 2.50 in 2011 to 2.22 in 2018. Further, the country’s rich ...
6/1/2020 | Banking, Financial and Insurance Services (BFSI)
Wealth Management Market in India 2019
The wealth management market, an integral part of the financial services sector in India, was valued at INR 113.32 Tn in 2018 and is expected to reach INR 338.67 Tn by 2024, expanding at a compound annual growth rate (CAGR) of ~20.02% during the 2019-2024 period. For the past few years, India has be...
8/1/2019 | Banking, Financial and Insurance Services (BFSI)
Retail Banking Industry in India 2019
The retail banking sector, currently comprises a network of ~96,068 branches of public sector, private sector, foreign, regional, rural, and cooperative banks (urban and rural). During the
FY 2014-FY 2019 period, deposit at SCBs expanded at a compound annual growth rate (CAGR) of ~10.39% to reach I...
11/1/2019 | Banking, Financial and Insurance Services (BFSI)
Mutual Funds Market in India 2019
In terms of assets under management (AUM), the mutual fund industry in India has been experiencing steady growth over the past few years. During the FY 2016-FY 2019 period, the mutual fund industry AUM increased at a rate of ~22.94% and is expected to reach INR ~918.54 Tn by FY 2024. This growth can...
9/1/2019 | Banking, Financial and Insurance Services (BFSI)