Integral to India's economic growth: The BFSI sector is intricately linked to India's economic heartbeat. 3 With the country's GDP poised for growth, the BFSI sector is a key facilitator, positioned to thrive alongside the overall economic expansion. In FY22, the BFSI sector’s share of Indian GDP increased to about 12%. With the country's GDP poised for growth, the BFSI sector is a key facilitator, positioned to thrive alongside the overall economic expansion. Emphasis on diverse financial services businesses: The focus is on large and emerging financial services businesses, utilising both top-down and bottom-up approaches.
Source: Economic Times January 19, 2024 12:09 UTC