ICICI bank held its Analyst Day in Mumbai

ICICI bank held its Analyst Day in Mumbai

The ICICI Affluence and Wealth Outlook of India says that the number of Affluent and Elite households is expected to grow from 36 million (2019) to 79 million (2030)

Pavin Elsa NelsonUpdated: Monday, December 05, 2022, 09:40 AM IST
article-image
Image credit: Wikipedia (Representative)

ICICI Bank held its Analyst Day in Mumbai with respect to the disclosure under Regulation 30 read with para A of Schedule III and Regulation 46(2) of The Securities And Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

A presentation on the ICICI report was done today. Based on the ICICI report sourced from BCG, Henley Global Citizens Report, Investindia.com, Financial Express, Inc.42, and The Economic Times, the Affluence and Wealth Outlook of India says that the number of Affluent and Elite households is expected to grow from 36 million (2019) to 79 million (2030).

Other key points included an expected 80% increase in HNWIs by 2031, 7.7 million individuals earning more than $1 million in income based on income tax assessments, and India becoming the third largest start-up ecosystem with 108 unicorns.

The ICICI Bank detailed report of the presentation is available here.

RECENT STORIES

India’s Festive Season To Create Over 2.16 Lakh Jobs In H2 2025, Driven B Retail, E-commerce And...

India’s Festive Season To Create Over 2.16 Lakh Jobs In H2 2025, Driven B Retail, E-commerce And...

Gold Drops ₹500 Amid Stockist Selling, Silver Falls ₹1,000 Despite Global Gains

Gold Drops ₹500 Amid Stockist Selling, Silver Falls ₹1,000 Despite Global Gains

Tech Mahindra Q1 FY26 Net Profit Rises 33.9% To ₹1,140.6 Crore; Revenue Grows Marginally To...

Tech Mahindra Q1 FY26 Net Profit Rises 33.9% To ₹1,140.6 Crore; Revenue Grows Marginally To...

Govt Approves ₹20,000 Crore Investment Power For NTPC To Add 60 GW Green Energy By 2032

Govt Approves ₹20,000 Crore Investment Power For NTPC To Add 60 GW Green Energy By 2032

Telecom Operator MTNL Defaults On ₹8,585 Crore Loans to 7 PSU Banks

Telecom Operator MTNL Defaults On ₹8,585 Crore Loans to 7 PSU Banks