India’s financial sector profits set to double by 2030; UBS sees NBFCs outpacing banks

  • Posted on August 29, 2025
  • By Business News Today
  • 2 Views
India’s financial sector profits set to double by 2030; UBS sees NBFCs outpacing banks

Indias financial-services sector is set for robust expansion, with profits projected to nearly double by FY30. UBS sees NBFCs leading growth, driven by retail credit, wealth management, payments, and insurance, while banks lag amid margin pressures and weak corporate lending.
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