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Indian Economy |
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The Indian Economy, measured in USD exchange-rate terms, is the twelfth largest in the world. The economy has been growing at an average growth rate of 8.8 per cent in the last four fiscal years. India has emerged as the second fastest growing major economy in the world. A significant feature of the growth process has been the consistently increasing savings and investment rate. |
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| India's economy is diverse; it includes agriculture, handicrafts, textile, manufacturing, and a multitude of services. India is a major exporter of highly-skilled workers in software and financial services, and software engineering. Other sectors like manufacturing, pharmaceuticals, biotechnology, nanotechnology, telecommunication, shipbuilding, aviation, tourism and retailing are showing strong potentials with higher growth rates. |
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Indian Economy Sectors |
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| Major Banks in India : |
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• Nationalized Banks in India
• Private Banks in India
• Foreign Banks Operating in India |
• Cooperative Banks in India
• Merged or Defunct Banks in India
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| Agriculture in India : |
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Agriculture refers to the production of goods through the growing of plants and other life forms. Agricultural products include food i.e. vegetables, fruits, and cereals, fibers...
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| Business Development Activities : |
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In 1996, a Business Development Directorate was set up with the purpose of promoting and marketing premium services for meeting the requirements of specific customer segments.
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| Financial Services : |
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India has one of the most urbanized financial markets in the developing world. Great scope exists for banking as well as non-banking financial institutions from other countries.
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