India's services sector has always served the Indian economy well, accounting for nearly 57 per cent of the gross domestic product (GDP). Here, the financial services segment has been a significant contributor.
The financial services sector in India is dominated by commercial banks which have more than 60 per cent share of the total assets; other segments include mutual funds, insurance firms, non-banking institutions, cooperatives and pension funds.
Presently, the country can claim to be one of the world's most vibrant capital markets. Inspite of the challenges that are still there, the sector's future looks good.
India is among the world's top 10 economies, driven by its strong banking and insurance sectors. The country is expected to become the fifth largest banking sector in the world by 2020.
Transjovan Capital's expert advice can help emerging and established players in the industry to chart a well-planned strategic roadmap to tap the various opportunities going forward. Our team can also address your financing requirements and provide assistance in rolling out strategic initiatives for expanding in new markets or for launching new products or services.