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…


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