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- BFSI abstract "Banking, Financial services and Insurance (BFSI) is an industry term for companies that provide a range of such financial products/services such as universal banks. BFSI usually comprises commercial banks, insurance companies, non-banking financial companies, cooperatives, pensions funds, mutual funds and other smaller financial entities.Banking may include core banking, retail, private, corporate, investment, cards and the like. Financial Services may include stock-broking, payment gateways, mutual funds etc. Insurance covers both life(Living) and non-life(Non Living).This term is commonly used by information technology (IT)/Information technology enabled services (ITES)/business process outsourcing (BPO) companies and technical/professional services firms that manage data processing, application testing and software development activities in this domain.The global BFSI Industry faced serious turmoil during the early 21st century, when a series of crisis like 'Subprime mortgage crisis' in US, and the Great Recession worldwide, that began in Q3-2008 and ended in Q1-2009, gave a huge setback, resulting into negative growth. But reports says that the industry is now coming back on track, and is gaining pace on a path of recovery.Key Challenges in BFSIBanks: (Source) Increasing the penetration of banking in rural areas. Tackling demand-supply mismatch. Credit disbursement to the priority sector. Maintaining asset quality. Improving risk management mechanism. Technology adoption.Insurance: (Source) Need for Accuracy in Pricing of Risks. Rural Market still under penetrated. Pension Market remains untapped.Mutual Funds: (Source) Low level of Customer Awareness. Inadequate reach of funds / distributors to retail investors. Limited innovation in product offering. Multiple Regulatory Frameworks.".
- BFSI wikiPageExternalLink trends_in_the_global_banking_industry_2013.pdf.
- BFSI wikiPageExternalLink BankC7.asp.
- BFSI wikiPageExternalLink GenIn6.asp.
- BFSI wikiPageExternalLink MFund6.asp.
- BFSI wikiPageExternalLink banking-presentation.
- BFSI wikiPageID "11576393".
- BFSI wikiPageLength "2413".
- BFSI wikiPageOutDegree "8".
- BFSI wikiPageRevisionID "708185445".
- BFSI wikiPageWikiLink Business_process_outsourcing.
- BFSI wikiPageWikiLink Category:Financial_services_companies.
- BFSI wikiPageWikiLink Core_banking.
- BFSI wikiPageWikiLink Great_Recession.
- BFSI wikiPageWikiLink Information_technology.
- BFSI wikiPageWikiLink Payment_gateway.
- BFSI wikiPageWikiLink Subprime_mortgage_crisis.
- BFSI wikiPageWikiLink Universal_bank.
- BFSI wikiPageWikiLinkText "BFSI".
- BFSI wikiPageUsesTemplate Template:Unreferenced.
- BFSI subject Category:Financial_services_companies.
- BFSI hypernym Term.
- BFSI type Company.
- BFSI type Company.
- BFSI type Service.
- BFSI comment "Banking, Financial services and Insurance (BFSI) is an industry term for companies that provide a range of such financial products/services such as universal banks. BFSI usually comprises commercial banks, insurance companies, non-banking financial companies, cooperatives, pensions funds, mutual funds and other smaller financial entities.Banking may include core banking, retail, private, corporate, investment, cards and the like.".
- BFSI label "BFSI".
- BFSI sameAs Q4835531.
- BFSI sameAs m.02rjt58.
- BFSI sameAs Q4835531.
- BFSI wasDerivedFrom BFSI?oldid=708185445.
- BFSI isPrimaryTopicOf BFSI.