SECTORS BANKING AND FINANCIAL SERVICES
The conventional approach and robust management structure of the Indian financial services and Banking sector helped them stand the financial crisis of 2008. The banks have been able to sustain growth owing to low defaulter ratios, simple products and efficient regulations by the monetary authorities. Mutual Funds, Insurance, Private Equity and Investment banking are currently witnessing slow growth owing to weak global sentiments. The year so far has seen about USD 2 billion in FII inflows and 21 new institutions have registered with SEBI as FII’s during the same period.
A report by Boston Consulting Group (BCG), an industrial body and Indian Banks Associations (IBA), anticipates that Indian banking industry would stand as the third largest in the world by 2025 wherein its assets size is poised to mark US$ 28,500 billion by 2025 from the asset size of US$ 1,350 billion in 2010. Another report by an industrial body and BCG suggests that India’s insurance industry would reach US$ 350-400 billion in terms of premium income by 2020, making it among the top three life insurance markets. Also, India is expected to be one of the top 15 non-life insurance markets by 2020.
Scope of Practice:
- Corporate & Investment Banking: Corporate Lending, Syndications, Corporate, Asset & Structured Finance, Leasing, Real Estate Capital Markets, Investor Relations and Bonds
- Consumer & Commercial Banking: Retail & Consumer Finance, Private Equity, Venture Capital and Private Placements
- Private banking: Private Clients & Wealth Management
- Mutual & Pension Funds, Trust & Trust Management
- Transaction and Operational Services: Brokerage, Securities & Bond Trading, Derivative & Operational Products
- Private Equity
- Corporate Finance – M&A and Leveraged Finance
- Real Estate Finance