Dun & Bradstreet India is pleased to bring in the second edition of ‘India’s Leading BFSI Companies 2009’. The publication provides brief information on the leading BFSI companies in India, enabling you to analyse the performance of the companies in the BFSI sector. The publication is an effort to depict the key developments in the BFSI sector and highlights the factors that provided an impetus to the growth of the sector as well as the hindrances faced by it.

Currently, most of the economies around the world are witnessing sluggish growth with waning financial markets. The collapse of the global banks has shaken the entire financial system and created vulnerability in the interrelated markets. However, the Indian financial sector has been relatively resilient. The strong regulatory framework helped the banking industry to surpass these crises. Though the insurance and mutual fund industry did feel the pinch of the meltdown of the global economy, they still managed to perform relatively better than their global counterparts. The publication would further provide an evidence on the relatively stronghold performance of the BFSI sector in India backed by in depth analysis of the banking, NBFC, mutual fund and insurance industry.

Even during the turbulent times, the Indian economy during FY09 managed to grow at a decent rate of around 6.7%. The per capita income also recorded an increase of around 8.2%, giving further scope of growth to the BFSI sector. Being one of the most populated countries in the world backed by the growing levels of income, the BFSI sector is exposed to amount of opportunities.

The changing market dynamics coupled with consolidation and globalisation will be crucial in determining the progress of this sector in the next few years. Leading players have started redefining their strategies and goals in the form of confidence building measures and innovative financial products to match up to international competition; and it is expected that their role will be magnified manifold in leading the country’s economic development. We, at D&B, are extremely optimistic about the progress of this sector and shall continue to track it for facilitating informed business decisions. I hope you will enjoy reading ‘India’s Leading BFSI Companies 2009’ and I look forward to receiving your suggestions.

Dr Manoj Vaish
President & CEO - India
Dun & Bradstreet