With growth looking more and more anemic in the developed world and the fundamentals (expenses outpacing revenue) clearly pointing to a lackluster demand going forward. Can products and services from the developed world find a market elsewhere? Can the Indian consumer market offer a road ahead. Adopted from Economist, Daily Chart March 7th, 2011 A …
Category Archives: EmergingMarkets
Mobile Banking – An Acute Emerging Market Need
India’s Mobile Banking Potential: A precursor for any open market economy to flourish is the free flow of capital and goods between buyers and sellers. Myth and Reality: Out of 1.2 Billion Indians only 240 million citizens have access to banking services; Whereas 764.76 million people have mobile phones. McKinsey estimates that 180 million1 new …
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