Indian Retail Finance
This report is essential business intelligence for anyone seriously considering how to profit from the growing Indian financial services sector.
It's hard not to get excited at the thought of India as the next big market for retail financial services. Although India consumers are starting to feel the affects of high commodity prices and the fall-out from global economic uncertainty, GDP growth remains impressive and as one of the 'BRIC' countries, India is set to become the world's third-largest economy by 2050. The financial services sector is expected to be a lynchpin of this growth along with the retail, information technology and telecom industries.
The market for banking products is growing at an even faster rate.
An Economy Transformed - The Rising Elephant
In 1985, 93% of the nation lived on approximately a dollar per person per day. By 2005 that proportion had been reduced to 54%, or 431 million people lifted from poverty (more than the population of the United......
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