How much net profit do financial firms in India generate? How much revenue do they cumulatively generate? Answers to those and more questions in today's edition.
It's mostly pure-play finance companies in the spread. Among the companies with the highest concentration on any factor at least 8/10 companies are pure banks. Only a few NBFCs like Bajaj and Jio Financial Services are true non banks who are leveraging some tech. JFS (Jio financial services) are yet to bring a product to the market. There are hardly any pure-play tech players on the list unfortunately.
It's mostly pure-play finance companies in the spread. Among the companies with the highest concentration on any factor at least 8/10 companies are pure banks. Only a few NBFCs like Bajaj and Jio Financial Services are true non banks who are leveraging some tech. JFS (Jio financial services) are yet to bring a product to the market. There are hardly any pure-play tech players on the list unfortunately.
I knew the Fintech market in India was big but didn't know this was this big. Excellent post, Osborne!