Providing Financial Services to SMEs in an Increasingly Digital Eco-system
The past decade has seen the Indian banking industry starting to undergo a transformation like it has never seen before. The rate of change in the industry continues to increase every passing year, with changes in the competitive landscape as well as the customer segments. There is rising competition from the new-age, more agile and technologically advanced fin-techs and NBFCs, while the banking industry continues to struggle with the problem of bad loans, which exerts a strain on the adequacy of capital of the banks.
The Indian power sector is evolving rapidly through changes in regulations, demand and technology. While the sector has seen strong growth and improved accessibility, challenges still remain across the value chain. Generating assets are increasingly faced with margin pressures owing to raw material volatility (for thermal assets) and increased competition (for renewables).
Digital Lending: A $1 Trillion Opportunity Over the Next 5 Years
While ‘digital lending’ has been a buzz phrase in recent times, it has no universally articulated (and understood) definition. Due to this, the ‘size of prize’ has not been clearly stated, at least in the public domain. This report aims to (among other objectives) define the phrase in the simplest possible manner and size the current as well as future (potential) market objectively. In order to do this, we have applied the only lens which ultimately matters: that of the consumer.
Digital Consumer Spending in India: A $100 Bn Opportunity
Digital India has catapulted in the last few years, with internet users growing nearly 2x in 4 years to reach 430 Mn users today. However, digital transactions still lag far behind.
Potential exists for digital transactions to triple from ~$40bn to ~$100bn by 2020. This BCG report, in association with Google, throws light on the three key stages of driving growth in digital transactions. It also showcases examples of global players who have innovated and driven online growth.
Unlocking Cities: Impact of ridesharing across India
Ridesharing has the potential to be a vital part of the solution to India’s transportation needs and can reduce up to 33%-68% of private cars and congestion by 17%-31% across biggest cities. Uber has commissioned the Boston Consulting Group to assess the potential benefits that greater adoption of ridesharing may bring. Realizing these benefits would depend on collaboration between the rideshare ecosystem and the public sector.
Our social-impact work seeks to make a difference beyond the business world. Having a beneficial social impact is fundamental to who we are as an organization and is one of our nine stated values. BCG's involvement in this area is motivated by our desire to make a positive difference to society in general and often to the underprivileged in particular. The CSR policy of The Boston Consulting Group (India) Pvt Ltd highlights the Company's philosophy towards Corporate Social Responsibility and lays down the guiding principles for undertaking the Company's CSR activities in India.