India’s Leading BFSI Companies 2020

LVI Source:WID, D&B Analysis Income parity between the highest and lowest earners is huge. The top 1% account for 25% share of the income growth in India INCOME INEQUALITY - ELEPHANT CURVE 0% 100% 200% 300% 400% 500% 600% 700% 10 20 30 40 50 60 70 80 90 99 99.1 99.2 99.3 99.4 99.5 99.6 99.7 99.8 99.9 100 Percentile distribution by income level Growth in Income before tax Bottom 50% captured 13% of total growth in income Top 10% captured 62% of total growth in income Growth in Income between 1960-2013 Middle 40% captured 25% of total growth in income A vast majority of the population was excluded from the financial system until 2011. While we have made significant strides towards financial inclusion since then, there is still a need for meaningful access to financial services. Source:World Bank, D&B Analysis FINANCIAL INCLUSION - INDIVIDUALS 35% 48% 54% 56% 64% 1 2 3 4 5 41% 68% 56% 58% 68% 39% 8% 14% 12% 12% 1 2 3 4 5 80% 76% 69% 70% 80% % of account holders at financial institutions India 2011 2017 2011 2017 2011 2017 2011 2017 2011 2017 Russia South Africa Brazil China Note: Dormant accounts - No deposit and no withdrawal in the past year % of dormant accounts % of active accounts Highlights: Technology Disruptions - Spearheading Financial Inclusion for Inclusive Growth Dun & Bradstreet