Articles liés à Digital Financial Literacy in India: Digital Commerce

Digital Financial Literacy in India: Digital Commerce - Couverture souple

Sarathi, Partha; Kalyan, Nalla Bala

 
9786204747675: Digital Financial Literacy in India: Digital Commerce

Synopsis

Indian Financial Services: India has a diversified financial sector undergoing rapid expansion, both in terms of strong growth of existing financial services firms and new entities entering the market. The sector comprises commercial banks, insurance companies, non-banking financial companies, co-operatives, pension funds, mutual funds and other smaller financial entities. The banking regulator has allowed new entities such as payment banks to be created recently, thereby adding to the type of entities operating in the sector. However, the financial sector in India is predominantly a banking sector with commercial banks accounting for more than 64% of the total assets held by the financial system.

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