Does the BFSI space deserve the elevated space that it enjoys in the economy?

Do not go by the size of the space – really what is the value add by the banks, insurance companies, mutual funds, brokerage houses – and a big part of the software industry?

It is not clear at all. Especially when many of the activities like even loan sanctioning can be easily automated…

read on…the Economist is cribbing about it too….India of course does not have these numbers…

http://economistsview.typepad.com/economistsview/2011/10/the-elevated-position-of-the-financial-sector.html

 

Related Articles:

Post Footer automatically generated by Add Post Footer Plugin for wordpress.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>