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𝐍𝐁𝐅𝐂𝐬 𝐚𝐫𝐞 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐈𝐧𝐝𝐢𝐚'𝐬 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐠𝐫𝐨𝐰𝐭𝐡! Want to know how NBFCs are shaping India's future? Read more #ETEdgeInsights #FinancialInclusion #NBFC #Economy #India #Growth Karthik Srinivasan

Infomerics Ratings came out with an outlook report titled “NBFC Sector: Growth Outlook and Challenges” authored by the company’s #chief #economist Manoranjan Sharma. The report provides an #insightful view of several aspects of #NBFC’s #landscape in #India, its growth outlook, #credit status, regulatory initiatives, #exposure and #challenges. See the highlights in this report in Banking Frontiers: CLICK HERE >> https://lnkd.in/dJNtPMQX If you like this kind of #content, please follow me on Linkedin and visit www.bankingfrontiers.com for more.

🚀 Exciting Announcement! 🚀 I am thrilled to share that my research paper, "Digital Financial Inclusion and Financial Literacy: An Analysis of Himalayan States in India," has been published in the International Journal of Creative Research Thoughts (IJCRT). 🔍 Abstract: This study examines digital financial inclusion and financial literacy in the Himalayan states of India. Utilizing data from NCFE 2019, FinEQUITY BRIEF 2021, and the Digidhan dashboard, we analyze the adoption of digital payment platforms like BHIM, *99#, RUPAY, IMPS, and AEPS. The findings reveal diverse levels of digital financial services adoption, highlighting the impact of education and awareness in promoting digital financial integration. 📊 Key Insights: Uttarakhand and West Bengal show advanced usage of digital payment systems, while states like Arunachal Pradesh display early stages of digital financial involvement. Variability in digital financial literacy and inclusion compared to the national average. 📄 Read the Full Article: https://lnkd.in/g7xJ6mj4 I kindly request your support in reading, sharing, and citing this work. Your citations will greatly contribute to the visibility and impact of our research in the academic community. Thank you for your support and encouragement! #DigitalFinance #FinancialInclusion #FinancialLiteracy #HimalayanStates #AcademicResearch #Citations

This might just be THE STRUCTURAL STORY driving India's finances forward. Are you missing out if you haven't considered investing in India's Banking & Financial Services space? Read on! Shrinath M L Sahil Kapoor

🌟 Reflecting on Prime Minister Narendra Modi's Visionary Speech on Banking Reforms 🌟 As the founder of Quantace Research, I'm profoundly inspired by the comprehensive roadmap laid out by PM Narendra Modi for the revitalization of India’s banking sector. His speech resonates deeply with our ethos of leveraging technology for financial inclusion and sustainable growth. Here are the pivotal takeaways: 1. Acknowledging Challenges: Modi's candid acknowledgment of the hurdles like high NPAs and stagnant credit growth underlines the critical need for systemic reforms for economic stability. 2. Embracing Comprehensive Reforms: The strategic approach of recognizing NPAs, employing the Insolvency and Bankruptcy Code (IBC), and recapitalizing banks signifies a resilient step towards restoring the sector's vitality. 3. Championing Financial Inclusion: The success of the Pradhan Mantri Jan Dhan Yojana in opening over 52 crore bank accounts, alongside the UPI's digital transaction revolution, mirrors our commitment at Quantace Research to enhance financial access through technology. 4. Sectoral Support and Innovation: Modi’s emphasis on supporting diverse sectors and advocating for innovations in banking through AI and blockchain aligns with our vision of a future-ready economy. 5. Global Leadership and Economic Resilience: The Prime Minister's vision of India as a global leader, balancing inflation control with growth, and emphasizing economic resilience, sets a benchmark for us to aspire to. 6. The Collective Call to Action: Modi's appeal for collaborative efforts towards a robust banking sector is a clarion call for all stakeholders, including us at Quantace Research, to contribute towards India's economic transformation. In conclusion, PM Modi's speech is not just a blueprint for banking reforms; it's a beacon of hope for a digitally empowered, financially inclusive, and globally competitive India. At Quantace Research, we're exhilarated to align our efforts with this visionary path and contribute to the nation's economic saga. Together, let's embrace this transformative journey towards a brighter, more inclusive financial future. 🚀 #BankingReforms #FinancialInclusion #DigitalIndia #EconomicGrowth #Innovation #QuantaceResearch

Transforming Financial Landscapes: Building Resilience for Economic Stability Conclusion In conclusion, despite occasional brickbats, regulatory frameworks have been adopting a consultative approach which has helped shape a resilient financial sector. Over the past few decades, the Indian banking sector has navigated many challenges, including the Asian Financial Crisis, the Global Financial Crisis, and, most recently, the COVID-19 pandemic. Each time, the Indian financial sector has emerged stronger, thanks not only to the efforts and adaptability of the industry but also to the prudence and foresight of the regulatory framework. All of us are partners in this journey towards realising the vision of Viksit Bharat 2047. However, dreams cannot be built on weak foundations, which is why it is the regulator's responsibility to set up both enablers and guardrails that will ensure we reach our destination safely and securely, and keep going. ... #RBI #India #regulation #bank #loans #credit

"The market momentum is driven by the India story, strong economic growth, high liquidity and improving fundamentals of corporate. It has less to do with the impending elections." Read my full thoughts in the moneycontrol.com article on below topics: 1. Do you see headwinds, including rising cost of funds, for banks in the near term? 2. Do you see the chemicals space gaining earnings strength in FY25? 3. Are you bullish on travel and tourism which have reported better-than-expected earnings in Q3FY24? 4. Your top bets for FY25? 5. Do you expect the market momentum to fizzle out after the general elections? #moneycontrol #interview #wealthmanagement #financialplanning #mutualfunds #stockmarket

As regulatory changes take root, the financial services industry in India stands at the crossroads of challenge and opportunity. The imperative to innovate, diversify, and balance short-term pressures against long-term gains is reshaping the narrative.

Public sector banks (PSBs) are vital pillars of India's #economic #development, fostering financial intermediation, #capital #formation, and #inclusivity. Their role in providing financial access to underserved sectors and promoting financial inclusion is undeniable. Over the years, PSBs have embarked on substantial corporate governance reforms to enhance their performance, transparency, and accountability. As India progresses towards #ViksitBharat, continued reforms and strategic interventions are essential, to fortify PSBs and harness their potential as catalysts for economic growth and prosperity. Sakate Khaitan & I write on this topic in NDTV Profit https://lnkd.in/d__Y94bZ #ndtvprofit #Opinion #bankingandfinance #publicsectorbanks #BFSI Reserve Bank of India (RBI) Khaitan Legal Associates Narendra Modi