FINANCIAL SERVICES

Category: Uncategorised
Published on Monday, 20 February 2012 10:03
Written by Administrator
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The financial business domain involves broking firms, investment services, national banks, private banks, mutual funds, car and home loans, and equity market.

The banking company in India is believed to increase by 20 per cent a year, with return on equity being more than 18 per cent, according to a survey by consulting firm, McKinsey, done for the Indian Banks' Association. The increase in the domain is specifically being driven by rising direction of corporate India, effective regulatory thrust, technological breakthrough, learning, growing productivities and economies of scale. The domain carries a value production opportunity of about Rs 2.5 lakh crore (US$ 56.38 billion) increasing revenue by 2015.