05
Nov
Assets of India’s financial institutions touch $2.8 trillion
NEW DELHI: The total value of assets held by India’s financial institutions touched nearly USD 2.8 trillion, the third largest among BRICS nations, in 2013, says a report.
Way ahead, neighbouring China’s financial institutions held assets to the tune of USD 34.43 trillion last year, the Financial Stability Board (FSB) has said.
BRICS grouping constitutes Brazil, Russia India, China and South Africa.
Source: http://timesofindia.indiatimes.com/business/india-business/Assets-of-Indias-financial-institutions-touch-2-8-trillion/articleshow/45012029.cms