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Consulting and Financial Services

The financial services sector contributed 15 per cent to India’s GDP in FY09, and is the second-largest component after trade, hotels, transport and communication all combined together, as per the Banking & Finance Journal, released by an industry body in August 2010.

Financial services, banking, insurance and real estate sectors rose by 8 per cent during the quarter ended June 2010.Indian bank credit rose by 22.7 percent to US$ 145.94 billion on the year as on November 19, 2010 according to data released by RBI in its weekly statistical supplement. Deposits were up by 15.8 per cent to US$ 146.59 billion year on year, according to the data. [Dec 3, 2010]

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ETSI Group of Companies, No 1361, “The Lotus Pond”, First & Second Floor, 9th Cross, J.P. Nagar 1st Phase, Bangalore -560 078

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