Industry experts believe that the current mutual fund assets under management (AUM) of Rs 50 trillion are just a small fraction of the potential market size.

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Title: Business Standard BFSI Insight Summit 2023 Predicts Industry to Reach Rs 100 Trillion by 2030

At the recent Business Standard BFSI Insight Summit 2023, top executives from the banking, financial services, and insurance (BFSI) sector came together to discuss the future of the industry. One of the key predictions made at the summit was that the industry is expected to reach a staggering Rs 100 trillion by the year 2030. This forecast has sparked excitement and anticipation among industry experts and stakeholders.

Factors Driving Growth:
The BFSI sector has been a major contributor to the Indian economy, and its growth has been fueled by various factors such as technological advancements, government initiatives, and changing consumer behavior. With the rise of digitalization, the industry has witnessed a significant increase in online transactions, leading to a surge in revenue. Additionally, the government’s push towards financial inclusion and the introduction of new policies and regulations have also played a crucial role in the sector’s  

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