China Set to Be Biggest Banking Market, India Third Biggest, PWC Reports

(Bloomberg) -- China is set to become the world's
largest banking market and India the third-largest behind the
U.S., according to a study by accounting firm
PricewaterhouseCoopers LLP.

By 2050, banks in the seven emerging economies of China,
India, Brazil, Russia, Mexico, Indonesia and Turkey will have
higher profits and more assets than those in the Group of Seven
countries, the report said.


Read more at Bloomberg Emerging Markets News