New theme on #Weekendseries. Focus on the #ConsumerFinance sector. . Many corporate players and good market size help this sector grow in the last 5 years . Between FY 2018 and FY 2024, the volume of digital payment transactions surged from 14.6 bn to 164.4 bn, achieving a CAGR of approximately 50%. This growth led to a significant rise in digital payments' share of overall transactions, increasing from 59% in FY 2018 to 97% in FY 2024 . More available in this report with one of strong fundamental stock. . #Growth #IndianEconomy #Learnbeforeinvest #HNIinvestors #Investors #Investingonfundamentals #EnsureCapital
📖 Weekend Knowledge Series 🪙 Sector in Focus: Consumer Finance Sector . The growth of the #financial sector is supported by the rise in equity markets and improvements in #corporateearnings. India’s personal wealth is projected to reach US$ 5 trillion by 2022, growing at a CAGR of 13%, up from US$ 3 trillion in 2017. . The #credit gap, estimated at ₹58.4 trillion in FY 2017 (Source: IFC report), has widened further to ₹103 trillion in FY 2024. Many MSMEs resort to informal credit sources, creating a significant untapped market for financial institutions. . #Creditsource #financialsector #NBFC #stocksinfocus #IndianEconomy #growth #howtoanalysis #fundemantal #Mannapuram #financestocks #growandearn #beyondgrowth #money #followus #EnsureCapital Girish Sodani Gunjan Bhalika Nishu Garhawal
