Boston Consulting Group (BCG) has prepared a flagship report titled 'Building Bridges for the Next Decade of Finance', where it noted that revenues in the Indian fintech sector are projected to reach USD 190 billion by 2030, contributing to over 20 per cent of all banking revenues.
For the first time, the total net profit of the banking sector crossed Rs 3 lakh crore in FY24, with all bank groups achieving a return on assets (ROA) greater than 1 per cent.
The study found that 90 per cent of the surveyed UHNIs are eager to amplify their philanthropic efforts. If UHNIs allocate just 5 per cent of their incremental wealth, their annual contributions could surge to Rs 75,000+ crore--an over three-fold increase compared to current levels.
India is well positioned to be a driver of greater wealth, says a global wealth report by Boston Consulting Group (BCG). In 2023, India has generated roughly USD 590 billion in new financial wealth, marking its largest increase in the history. India will add about USD 730 billion annually to
Bengaluru (Karnataka) [India], June 18: In less than a year, India's technology sector has experienced an astonishing surge in the demand for Artificial Intelligence (AI) and Machine Learning (ML) talent. According to a recent report by the National Association of Software and Service Compan
Mumbai (Maharashtra) [India], August 21: The Global Fintech Fest (GFF), emerging as the world’s largest fintech conference, is back with its second physical edition. GFF 2023 is scheduled on September 5 – 7, 2023, at the Jio World Convention Centre, Mumbai. The theme of this year’s conferenc
New Delhi [India], June 14: In every generation, there emerge individuals who possess an exceptional drive, vision, and passion to lead others towards a brighter future. As we step into the year 2023, we find ourselves fortunate to witness the rise of a remarkable group of emerging leaders w
Bellevue (Washington) [US], May 11 (ANI/PRNewswire): Icertis today announced Icertis ExploreAI, its next generation AI-powered contract intelligence partner, with generative, assistive, natural language capabilities that enable even greater customer value from unstructured and structured con
New Delhi [India], May 11 (ANI/NewsVoir): Spice Money (subsidiary of DiGiSPICE Technologies), India's leading rural fintech that is revolutionizing the way Bharat banks, today announced its strategic partnership with Boston Consulting Group (BCG), a leading global consulting firm. By joining
According to a new report by Boston Consulting Group (BCG) in collaboration with Forward MENA previously known as Beirut Digital District (BDD) Academy, the total spending by UAE-based organisations on outsourcing services from local and offshore providers was estimated at over USD4.8 billio
New Delhi [India], March 23 (ANI/PRNewswire): Boston Consulting Group (BCG) in association with Times Bridge and the Delhi Chapter of The Indus Entrepreneurs (TiE Delhi-NCR) today, unveiled a report titled, 'Road to Hyperscaling in India'.
A recent report by PhonePe and Boston Consulting Group concluded that India's digital payments market will more than triple from USD 3 trillion to USD 10 trillion by 2026.