An analysis of women's financial literacy in Gujarat state.

By C Miya

The finance sector is one of the most prominent sectors of any economy and has become

intrinsically strong and market oriented with IT sophistication and competencies. With

the economic and financial reforms, India has witnessed a new horizon of financial

industry that has brought multi fold effect on the financial institutional services, range of

financial products, digitalization of financial sector, amendment in the existing financial

structure and changes in various mechanisms and policies. The diversified financial

sector of India is rapidly expanding in terms of financial institution, services and

products, with commercial banks accounting for 64% of total assets hold by the

financial system. The Mutual fund industry is also accelerating a rise of 40% in the total

Assets Under Management (AUM) and the Association of Mutual Fund in India (AMFI)

is targeting 5 fold growth in the AUM by 2025. The Indian mobile wallet industry is

expected to have a CAGR of 150% by 2022. However, Indian Financial sector is

underpenetrated and there is wide opportunity for higher growth and expansion in the

market size with global integration and its strong collaboration capabilities. To

accelerate the growth of Indian economy and reach to the ultimate state of developed

nation, India needs a large base of financially literate and competent investor who flows

their saving towards the economic development and promotes optimization of financial

resource and financial well-being of people.

• Format: Paperback
• Language: English
• ISBN: 1805255886
• ISBN13: 9781805255888
• Release Date: April 2023
• Publisher: C.Miya
• Length: 422 Pages
• Weight: 1.36 lbs.
• Dimensions: 0.9" x 6.0" x 9.0"