Varun Kesavan Books

The book highlights the critical role of non-banking finance companies (NBFCs) in India's financial landscape, particularly in fostering financial inclusion and supporting micro, small, and medium enterprises (MSMEs). It details the impressive growth of NBFCs, which increased their contribution to the economy significantly from 2006 to 2015. By analyzing key financial indicators, the book forecasts a promising future for major NBFCs, projecting continued robust growth and an increasing share of total credit in the coming years.

The book provides a comprehensive overview of the Indian banking industry, focusing on recent innovations such as payments and small finance banks, which received central bank approvals in FY 2015-16. It details the structure of the banking system, highlighting the dominance of public-sector banks, which hold 80% of the market share. The text also discusses the shift towards mobile finance management and forecasts credit growth improvements for FY 2017. Overall, it emphasizes the key activities and developments shaping major banks in India.

Focusing on the evolving role of corporate social responsibility (CSR) in India, the book explores how businesses view CSR as both an obligation and a strategic tool for success. It highlights the necessity for companies to address social and environmental needs alongside financial goals, especially given their significant influence in modern society. Through examples from major corporations like Microsoft, Tata Group, and Coca-Cola, the text emphasizes diverse CSR initiatives in the fast-moving consumer goods sector, showcasing their commitment to community service and social accountability.

Focusing on the evolution of India's payments and settlements systems, this book provides an in-depth analysis of their impact on the nation's GDP. It highlights significant developments, particularly in mobile banking and the Immediate Payment Service (IMPS). The study emphasizes the future potential for electronic payments, suggesting substantial growth ahead. Through detailed examination, it reveals the critical role of the National Payments Corporation of India in shaping the landscape of financial transactions in the country.

Focusing on the strategies of major automobile companies, this book explores the significant growth and dynamics of the Indian auto industry, which contributes 7.1% to the country's GDP. It highlights the dominance of the Two Wheelers segment, driven by a young and expanding middle class, as well as the increasing interest in rural markets. The book also examines the performance of Passenger Vehicles and the export potential of the sector, providing insights into the industry's future growth trajectory and competitive strategies.

The book explores the dynamic Indian consumer market, highlighting its division into urban and rural segments that attract global marketers. It focuses on the burgeoning middle class and affluent segments, predicting a significant increase in consumer spending, which is expected to exceed $3.6 trillion by 2020. The analysis includes insights from the McKinsey Global Institute, forecasting that India will become the world's fifth-largest consumer economy by 2025, driven by rising incomes and demographic advantages. It also examines the strategies of major FMCG companies in this evolving landscape.

The rapid expansion of India's civil aviation industry is driven by factors such as low-cost carriers, modern airports, and increased foreign investment. As the ninth-largest aviation market globally, India aims to become the third-largest by 2020 and the largest by 2030. With a projected annual growth rate exceeding 11% for domestic routes, the financial performance of major airlines is expected to soar in the coming years, positioning India as a key player in the global aviation landscape.

Focusing on the journeys of prominent Indian entrepreneurs, the book highlights the successes of figures like Mukesh and Anil Ambani, Ratan Tata, and Kiran Mazumdar Shaw. It explores how globalization contributed to their financial growth and the establishment of vast business empires that extend beyond India. Additionally, it discusses the impact these business leaders have had on employment, creating opportunities for educated youth and fostering a new wave of entrepreneurship in a country traditionally reliant on government jobs.

Focusing on the robust growth of India's real estate sector, the book highlights its significance as the second largest employer and its projected 30% growth over the next decade. It explores four key sub-sectors: housing, retail, hospitality, and commercial, alongside the rising demand for office space fueled by a thriving corporate environment. The construction industry's impactful role and the surge in private equity investments in office and IT/ITES real estate from 2014 to 2017 are also discussed, providing a comprehensive overview of vital real estate companies in India.

The book explores the evolution of the online payments system in India, tracing its origins from the introduction of credit cards in the 1980s to the recent surge fueled by the pandemic. It highlights the rapid growth of the industry, projected to reach US$ 700 billion in 2022, driven by increased smartphone usage and internet accessibility. The narrative delves into various forms of online payments, the emergence of new businesses, and applications catering to the rising demand, offering a comprehensive view of this dynamic sector.