The financial services sector, particularly private banks and non-banking financial companies (NBFCs), is projected to perform strongly, benefiting from attractive valuations and rising credit demand.
This positions India as a key growth engine amidst a global slowdown, particularly as the US and China face signs of economic deceleration.
Client Associates forecasts a slowdown in earnings growth for Indian companies, with a projected 8.0% growth in FY25, down from 20.1% in FY24.
The story "How should rich invest in 2025? Healthcare, IT, Fin services to outperform" has 575 words across 25 sentences, which will take approximately 3 - 5 minutes for the average person to read.
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