May 2024
Intermediate to advanced
688 pages
51h 31m
English
Content preview from Business Environment, 1st Edition by Pearson
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| 266 | Part III: The Economics of Development
and widen with the banking system growing in size to be on par
with those of developed economies. The number of people having
access to the required sources of credit and the protection of life or
health insurance will see a tremendous increase. The coming years
promise to be a phase of exponential growth for fi nancial services
in India.
Some of the growth projections in the fi nancial sector have
come under pressure because of the global fi nancial meltdown.
Though thought earlier that the Indian fi nancial sector would be
least affected by it as it has been insulated to an extent, performance
of the sector does reveal that there are some areas of business that
have been affected. “According to ...
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