August 2012 Vol. 17 No. 08
Pension fund industry set for significant growth
India’s pension fund market should reach a value of about 20 trillion rupees (US$361 billion) by 2015 from 15.4 trillion rupees, according to the Associated Chambers of Commerce and Industry of India (ASSOCHAM) on July 23. India’s pension fund market is growing at 10% according to a study titled ‘Financial Markets: Time for Next Generation Reforms’ from ASSOCHAM.
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