Government Jobs Interview Questions
Topic : Role and future of banking and insurance sector in India
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said this on 30 Jan 2008 2:49:11 PM IST
i think insurance & banking sector have a lot in indian emerging market. The insurance sector, the highly growing sector provides not only a tax saving option to a consumer but also an asurrance about a good return because most of the investment companies now invest in the equities.Along with that a benefit for the nominee under the risk cover.So all in good future for insurance companies and for banking sector the growing market has always been a bread and a butter.
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said this on 07 Feb 2008 12:48:37 AM IST
well,i m totally agreed wid divyanshu tat its quite beneficial for common man having assurance good return from whatever insurance company the person is investing money.As today indian market is emerging day by day future role of these sectors is very heavy........
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said this on 28 Sep 2008 5:10:05 AM IST
well, i think the future of the banking and the insurance sector is very bright and especially the insurance. Insurance not only mitigate the risk of the investor but also help him to get the assured return and not only this, it act as an important tool for investor in saving tax. now a days insurance company are providing a varieties of scheme in which u can invest acoording to ur needs, so these will bring more confidence of the people to invest in insurance.now talking about the banking sector,his demand will obviously grow with the rise in the population of the country and for varities of scheme they offered to the public.
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said this on 14 Mar 2009 1:23:19 PM IST
i agree wid wht dey all hav 2 say. both B/I industry hav a very good future..as our population n the need n demand of d ppl r increasing both sectors hav very good opportunity of prooving themself...
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said this on 22 Mar 2009 3:29:54 AM IST
This is really a good topic which help mba students
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said this on 13 Nov 2009 4:26:12 PM IST
i would like to add sth. in india only 18% people are insured so there are 82% people who are left. so definitely the insurance sector will shine in forthcoming century but i want to share with my personal experience lic is consider a good way to assure itself but there is no alternative other than lic. despite there are icici life insurance and hdfc but 60%of people are not aware of all this and there charges of insured people are still very high which are beyond of common man need. most of people are still unaware about private companies which provides insurance facilities. so these companies need to reduce there charges and advertised it thoroghly so that people in general may be able to think about other alternatives.as same it happens in bank few branches of private banks are only in urban areas. banks need to open there branches across the countries thus there would be more chances of growth in both banking and insurance case.
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