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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 credit agencies.
India reported installed capacity from renewable energy sources as 77,641.63 MW in FY2019. The renewable energy installed capacity was 21.8% of t♚otal utility capacity. There is high demand for electricity in India and, with the growth ...
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The Asian region is home to some of the world’s biggest automotive brands, which has eventually resulted in the birth of local brands in some of the countries. The Asian countrie♐s featured in this report – China, India, Thailand ...
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India has one of the most signific🍷ant gems and jewellery sectors in the world. The country is unrivalled in its production of cut and polished gemstones, processing almost 90% of global rough diamond output. Due to gold’s cultural significance, ...
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Crude steel production recorded a q/q decline of 1.2% in Q4 FY2020, with a number of companies decreasing their output, such as Jindal Steel Power♎ by 6% and ESSAR by 3%. On the other hand, Tata Steel Ltd recorded a jump of 23% q/q in its crude steel ...
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Healthcare remains in inadequate supply throughout most of the SEA region. The shortage is especially evident in healthc༺are human resour👍ces; for instance, apart from Malaysia and China, all the countries in the SEA region have fewer than 1 physician ...
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In Q4 FY2020, the automotive output volume in India reached 5.62mn units. This performance was well below the average production volume of the last seven quarters (from 💞Q1 FY2019 to Q3 FY2020), which averaged 7.38mn units. On a quarterly basis, ...
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India’s construction sector is a key enabler of economic growth, in that it helps provide homes to the na♊tion’s population of 1.4bn as well as adding much-needed infrastructure. In FY2019, construction GVA amounted to INR 49.6tn and ...
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The insurance sector of India has a deep-rooted history. Life insurance emerged in the country in 1818 with the establishment of the Oriental Life Insurance Company which🅘 failed in 1834. General insurance arrived in the country with the establishment ...
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India reported an installed capacity for electric power generation of 356.1 GW in F🎃Y2019, rising by a CAGR of 6.68% from FY2015 to FY2019. Gross 💎electricity generation was 1371.8 TWh in FY2019, growing at a CAGR of 5.27% from FY2015 to FY2019. India ...
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