BFSI Sector Industry Analysis- India 2020

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COVID- 19 has impacted the BFSI sector in a significant manner all across the globe. The government financial institutions had to make several unexpected changes and policies during the period to not only revive the economy but also support the population. During these current times, BFSI needs to work on maintaining liquidity and managing credit risk while being able to ensure the well-being of its employees. The sector is hardly hit by the pandemic and had to undergo measures that it had never planned in its forecasts of the near future. In fact, many countries were unprepared for any such extreme changes to be taken at the spur of the moment. The economies have fallen down and global governments have accepted that the economy is facing a major recession.

Description

The role of the BFSI sector cannot be undermined even when they are facing one of the major challenges of history. BFSI sector requires changes that have not been taken before and policies that can bring the economies back to their track. However, it is yet to be seen how the economists and the policymakers bring the situations to the normal. This report will mainly focus on different sectors in the BFSI industry and discuss details through quantitative manner. The report will be helpful for the ones looking for the current situation of the BFSI sector and how different parameters impact the overall economic situation.

Table of Contents

Banking Sector

Introduction to the Sector

Present Market

Public v/s Private

Insurance Sector

Introduction to the Sector

Present Scenario

Competitors

Future Growth Prospects

Financial Services

Asset Management Companies

Introduction

Current Scenario

Competitors

Types of Customers

Capital Markets

Market Trends

Future Prospects & Effect of Coronavirus Pandemic

Technological Advancements and Support Factors to Growth of Indian BFSI Sector

Blockchain Technology

Benefits of Blockchain Technology to Banks

Applications of Blockchain Technology to Other Financial Institutions

Artificial Intelligence

Credit Decisions

Risk Management

Quantitative Trading

Personalized Banking

Cybersecurity and Fraud Detection

Machine Learning

Benefits

Applications in Banking and Financial Sector

Cryptocurrencies in India

Present Market & Companies

Future Prospects

Effect of Covid-19 on Overall Industry

Conclusion

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