India is a country with huge
potential, a country with a large
young and growing population, a country poised to
become one of the superpowers, a country that has established itself as a
technical brain hub…… We generally come across such lines in
prominent dailies or hear from those who have created a niche of
their own in various areas of Indian business or academics.
What has changed the landscape of Indian economy? What
is the outlook of the Indian population, which is gradually
achieving high educational standards, or at least, the basic literacy
levels? What is it that the educated, elite and the still learning people
want? These are some of the important questions that need answers.
It is the power of time, which has overtaken the value of money
in the past one-and-a-half decades. People have realized
that it is the best utilization of time, which would automatically
generate money resources for them. Therefore, `time' has come to occupy
an important position in today's fast-changing world. So, what
follows? Is it only time or something else? Another thing that has caught
the attention of the financially literate people and that is the value
of risk and return and last but not the least is the convenience of
doing things, i.e., right decision at the right time and at the
right place. All these factors (time, money, risk, return and
convenience) are closely related if we are discussing the world of
finance and banking. |
