Helped by regulatory and policy initiatives, a whopping USD 600 billion worth of savings is likely to flow into financial instruments, including equities, mutual funds and insurance products in the next 5 years, said a report by Ambit Corporate Finance.
This is three times the amount (USD 200 billion) of savings into the financial sector compared to the past 5 years.
According to the report, "opportunities from the reset in financial services sector in India', assuming ..