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Banking and insurance
The Banking & Insurance sector – often referred to as the lifeblood of the real economy – is of vital importance in the modern credit-driven economic growth model. Among its functions are intermediation between savers and borrowers, ensuring funds are allocated efficiently; support of payment and settlement systems that facilitate trade and international economic relations; and provision of various products that mitigate risk and uncertainty. The accelerating pace of technological change, stricter regulation and shifting consumer habits are reshaping the traditional banking model and pushing the sector towards innovation-led growth.
Activities associated with Banking & Insurance are depositary and non-depositary credit intermediation and related activities, investment banking, securities brokerage, commodity contracts dealing and diverse financial investment activities. The sector also includes insurers, re-insurers and insurance brokerages, pension funds, health and welfare funds, monetary authorities, stock exchanges, and collection and crediꦜt agencies.
In FY2019, the Indian automotive industry registered new record high volumes in output and domestic sales. However, the economic deceleration🦩 in FY2020 ended the growing trend of the industry which was partially compensated by a new recor🧔d high in ...
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India’s banking sector is regulated and governed by the𓆏 RBI, which was established in April 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. The government allowed the entry of private players in the ...
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The textile sector is one of the oldest industries of India. The textile industry ranges from traditional hand weaving to technical textiles and modern🃏 textiles mills. India is the third-largest exporter of textile, with a 🌸4.5% share in the world ...
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In FY2019, the Indian automotive indus♔try registered new record high volumes in output and domestic sales. However, the economic deceleration in FY2020 ended the growing trend of the industry which was partially compensated by a new 🌼record ...
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The steel sector is both the backbone of the Indian economy and a 🌱growth-promising sector. The growth of the sector is supported by the availability of raw material such as iron ore and cost-effective labour in the country. ...
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India’s pharmaceuticals and healthcare sector has been dominated by a second wave of COVID-19 infections beginning in💯 April 2021 driven by the Delta variant. The surge caught the Indian government and the pharmaceuticals and ...
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