Learn about the companies providing Business services in India

Every business is dependent upon numerous other businesses. The finance sector is related to every business for funding and loans. It comprises commercial banks, insurance companies, non-banking financial companies, co-operatives and other financial entities. In India, however, the finance sector is dominated by banking and commercial banks account for more than 64% of the total assets held by the financial system.
Standing at $299.04 billion, the asset management industry in India is among the fastest growing in the world.
The Government of India has taken various steps to deepen the reforms in the capital markets, including simplification of the Initial Public Offer (IPO) process which allows qualified foreign investors (QFIs) to access the Indian bond markets.

The performance of trade, hotels and restaurants, and transport, storage and communication sectors are expected to improve in FY17. The financing, insurance, real estate, and business services sectors are also expected to continue their good run in FY17.

The life insurance sector is also very aggressive with great growth potential. Currently standing 15th in the world, the sector has almost 360 million policies that will increase at a rate of 12-15 % CAGR in the coming years. The sector is totalled at 3.9% GDP and has doubled in the past 10-15 years.

At Kompass, you can find all the information and contacts relevant to the Business Services like finance, insurance, banking, as also health and hygiene services along with hire and rental services providers. Get yourself registered with us to avail of our services designed for the growth of your business.
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