India’s financial sector profits set to double by 2030; UBS sees NBFCs outpacing banks
India’s financial-services industry is on track to deliver one of its biggest earnings expansions yet, with profits projected to nearly double by the end of the decade. The brokerage expects sector earnings to grow at a compound annual rate of 13% between FY25 and FY30, reaching about Rs 11.3 trillion from Rs 6.1 trillion in…