digital transformation

Long Term/ Energy/ Small/ Analyst

satya

03 Nov 2022

Summary :
  • Non-core income improvement
  • Non-core income improvement1
  • Non-core income improvement2
  • Non-core income improvement
  • Non-core income improvement1
  • Non-core income improvement2
  • Non-core income improvement
  • Non-core income improvement1
  • Non-core income improvement2
  • Non-core income improvement
  • Non-core income improvement1
  • Non-core income improvement2
I.     Indian Customers: Demographic Dividends

Presumed Customer Base can be enumerated as:

        By 2021, estimated population is around 1.4 billion,

        Youth (13 yrs to 35 yrs) is around 40 %(approx.),

        Next 20 years, around 300 mn people will enter workforce,

        Hugely educated & working population are available in India,

        Opportunity to tap banking among untouched population,

        Long term banking depends on user experience.

II.   Indian Customers: Fast Changing Preferences

New Digital culture: Industry 4.0 encompassing ML, AI, Automation & Big Data empowers-

  1. Masses: to stay ahead in a dynamic technical & competitive landscape…
  2. E-commerce: Online spending is taking off enormously leading to commoditization of Daily Financial Services,
  3. Rising Affluence: More spending, efficiency & higher productivity,
  4. Multiple Choices: Better digital one wins away the customer,
  5. Specialized System & Process: Digitalized automation leads to system efficiency & innovation,
  6. Specific demographic group prefers specialized products & services ,
  7. Continuing Urbanization: speed of thought on health, home, marketplace and living.

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Focus:
Equity
Sector Expertise:
Energy