CrYsIs
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India's GDP likely to reach $5 trillion by 2025; top five stocks to bet on - The Economic TimesNEW DELHI: India's GDP is likely to rise to US$3 trillion by 2020 and US$5tn by 2025 and the financial sector will be an important part of this growth pickup, Morgan Stanley's macro team has outlined the case in a report.
The global investment bank is of the view that its (financial sector) success is critical to any pickup in the economy. We conclude that as economic growth picks up, India's currently underpenetrated financial services sector could deliver significant, outsized returns ..