To double GDP by 2030, India would need a Rs 2.5 lakh crore equity cap annually for the next seven years: AIBI

The existing domestic inflows from mutual funds, insurance, pension, PMS, and AIF currently amount to Rs. 3 lakh crores per year. Achieving this target is considered easily attainable, but there is a need for corresponding fresh equity issuances each year to maintain a balance and ensure that the market remains an attractive destination for investors, as suggested by bankers.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.