By Ashvin Parekh, Managing Partner, Ashvin Parekh Advisory Services LLP
Recent geopolitical tensions, the US’s major tariff impositions, and India’s proactive response—both through trade diversification and new bilateral arrangements—and the recent goods and services tax (GST) changes are reshaping the opportunities and challenges faced by the Indian banking , financial services, and insurance ( BFSI ) sector. This article discusses the impacts with sector-specific insights.
The banking sector has fared well in the last couple of years in terms of both asset performance and its treasury operations. Against the backdrop of the developments mentioned above, it will have domestic growth and benefit from the Indian economy’s resilience and robust domestic demand. It will be partly insu