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The Multi Billion Dollar Remittance market in India

  1. TonyIndo
    10,856 Posts.
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    01/08/14
    10:13
    Post #: 13752573
    I had another read of the RBI guidelines speech "Banks in India: Challenges & Opportunities" that Ezyrider graciously provided us with a link to. Refer to his post below.

    http://hotcopper.com.au/threads/the...2300460/page-69?post_id=13617751#.U9rJtGPrWSq

    Go to #13 under Column 1.

    You will note that India are #1 in the global remittance market. We are talking about $US70 Billion dollars in remittances in 2013!

    http://en.wikipedia.org/wiki/Remittances_to_India

    Please do a Google search on the topic. You will note that there are a few successful companies that have already taken center stage in this space. This alone could be a game changer.

    Tony
    TSN Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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