Financial services can deliver significant returns
June 5, 2014
As economic growth picks up, India’s currently under-penetrated financial services sector could deliver significant and out-sized returns, says Morgan Stanley
Moneylife Digital Team
For India, a growth of 6.75% per annum is achievable over the next 10 years, which would translate to a $5 trillion economy by 2025. According to Morgan Stanley, financial services will be an integral contributor – and hence beneficiary – of this growth.