* Rising income is driving the demand for financial services across income brackets.
* Investment corpus in Indian insurance sector might rise to US$ 1 trillion by 2025.
* With >2,100 fintechs operating currently, India is positioned to become one of the largest digital markets with rapid expansion of mobile and internet.
* India benefits from a large cross-utilization of channels to expand reach of financial services.
* Emerging digital gold investment options.
* In the Union Budget 2022-23 India announced plans for a central bank digital currency (CBDC) which will be known as Digital Rupee.
* The government has approved 100% FDI for insurance intermediaries and increased FDI limit in the insurance sector to 74% from 49% under the Union Budget 2021-22.
* Credit, insurance and investment penetration is rising in rural areas.
* HNWI participation is growing in the wealth management segment.
* Lower mutual fund penetration of 5-6% reflects latent growth opportunities.
Ibef Organic Indian Pavilion BIOFACH2022 July 26th-29th, 2022 | Nuremberg, ...
As urban markets become saturated, investors are turning their gaze towards the untapped potential of small-town innovation, driven by a desire to fos...
The "White Revolution" in India refers to the successful implementation of Operation Flood, a dairy development program launched on January ...
Ayurveda, an ancient health system originating from India, has a longstanding history. It revolves around using plants and herbs to maintain health an...
India is leading the renewable energy revolution, with a strategic emphasis...
Micro, small, and medium enterprises (MSMEs) are the backbone of the Indian...
The Indian economy thrives on the contributions of the Micro, Small, and Me...