Bharatbook bureau Articles
Indian Tyre Industry is Forecasted to Grow at a CAGR of 8.21% till FY13 - Click To Read Article
Indian Tyre Industry
Industry was on a smooth ride till FY08. The industry tonnage production registered a 5-year Compounded Annual Growth Rate (CAGR) of 8.02% between FY03-08. The largest category of Truck & Bus (T&B) tyres recorded a 5-year CAGR of 5.90% while Light Commercial Vehicle (LCV), motorcycle and car tyre categories grew at 13.34%, 12.27% and 13.98%, respectively in this period.
Expansion of The Indian Payment Card Market in the Recent Years - Click To Read Article
Indian Payment Card Market Forecast to 2012” states that with changing consumer spending patterns and growing income levels, the Indian payment card market, which includes both credit cards and debit cards, has expanded rapidly in the recent years. For instance, the number of debit cards issued by banks more than doubled between FY 2006 to FY 2008. Also, the number of credit card issuance grew by around 60% during the same period.
Bharatbook.com: Trend in credit and deposit growth and in-depth analysis of Indian Banking Sector - Click To Read Article
Indian Banking sector is dominated by Public sector banks (PSBs) which accounted for 72.6% of total advances for all SCBs as on 31st March 2008. PSBs have rapidly expanded their foot prints after nationalisation of banks in India in 1969 and further in 1980.
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