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HSBC Sees Big Headroom for Growth in 'Under-banked' India

Source: Khaleej Times
Dubai : United Arab Emirates | about 1 month ago  
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He said consumer finance was only about 2-3 per cent of the gross domestic product, or GDP, compared with 25 per cent in Europe. Only two per cent of the Indian population has insurance cover, while less than one per cent of the population is active on the stock market. “There is, therefore, a great growth...
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  • HSBC Sees Big Headroom for Growth in 'Under-banked' India
    News Source: Khaleej Times | about 1 month ago
    He said consumer finance was only about 2-3 per cent of the gross domestic product, or GDP, compared with 25 per cent in Europe. Only two per cent of the Indian population has insurance cover, while less than one per cent of the population is active...
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