The Changing Face of BFSI

Sector

22 Apr 2025 | 5 Min Read

BFSI sector has evolved rapidly through digitalization, fintech growth, and regulatory reforms.

Market cap of the BFSI sector has surged over 50 times in the past two decades.

Retail credit to GDP has doubled from 9% in FY14 to 18% in FY25.

UPI transaction value share in total digital payment has risen sharply to 90% in FY25.

GNPA/NNPA ratio for the banking sector improved sharply to ~2.5%/0.6% in FY25E.

MOFSL has increased its BFSI stock coverage to ~70 stocks from 16 in FY05.