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,ꦏ health and welfare funds, monetary authorities, stock ex♐changes, and collection and credit agencies.
The Indian mining sector’s GVA accounted for some 3.8% of GDP in FY2016, as agai⭕nst 4.5% in the previous year. A number💯 of mining commodities, such as crude oil, coal and iron ore, are not only domestically produced but also imported, which ...
极速赛车168开奖官网开奖:View more detailsThe growth of India's retail sector was driven by positive demographic trends, an ongoing urbanisation and a growing middle class. In FY2016 trade accounted for 9.5% of the country’s GDP and attracted 9.7% of total ✅FDI, while providing work for ...
极速赛车168开奖官网开奖:View more detailsThe Indian oil and gas sector has traditionally been dominated by large public sector undertakings (PSUs), which 🐻continue to have very high market shares in the upstream, midstream, and downstream crude oil and natural gas businesses. Oil and natural ...
极速赛车168开奖官网开奖:View more detailsThe recent rapid development of India’s economy, which grew by 7.6% y/y in ꦅFY2016, and increasing ncome per capita combined with urbanisation, have boosted the demand for financial services such as lending, insurance and asset management. ...
极速赛车168开奖官网开奖:View more detailsIndia’s financial sector is dominated by banking but non-banking financial institutions have been gaining ground as well. Starting from a low base, the insurance sector, comprising life and general insurance🎃, has been expanding in terms of🌄 ...
极速赛车168开奖官网开奖:View more detailsIndia’s sector of IT-enabled services and b🥂usiness process management is largely export-driven, but the size of the domꦕestic market is also significant. IT Services typically claim the largest share of the sector’s exports. The sector ...
极速赛车168开奖官网开奖:View more detailsIndia's agricultural sector is of crucial importance to the domestic economy, supplying resources for the food, textile and energy industries. As of FY2016, the sector accounted for 15% of the country's value added, providing🐽 employment to almost 60% ...
极速赛车168开奖官网开奖:View more detailsConstruction is the sixth-largest �💫�economic sector in India, accounting for 7.8% of the country’s GDP in FY2016, the second-biggest employer (after agriculture), with about 35mn people engaged, and the second-largest recipient of FDI after the ...
极速赛车168开奖官网开奖:View more detailsIndia is the 2nd largest producer and consumer of cement 🐟in the world after China, with nearly 390 million tonnes of cement production capacity in 2015. Since 1992, the country’s annual cement production increased by more than five times to 271 ...
极速赛车168开奖官网开奖:View more detailsIndia is the world’s third-largest crude steel produceಞr, third-largest finished stee👍l consumer and the global leader in sponge iron manufacturing. The country claims nearly 6% of the global crude steel production and around 5% of the pig iron ...
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