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In Q4-2023, the Bank had a 30% market share by value in electronic toll collections via FASTag, with collections increasing 18% year on year. It offers banking products and financial services for corporate and retail customers in the areas of personal finance, investment banking, life insurance, and wealth management.
His government’s pro-business policies, regulatory reforms, and commitment to bolstering the nation’s financialmarkets have generated a surge in investor interest and confidence. As a result, the Indian stock market has seen significant growth, and a handful of savvy investors have reaped astonishing rewards.
The Company also secured a Technology License Agreement (TLA) with LocoNAV to integrate its proprietary telematics technology in products supplied by Minda Corp. It also supplies Electronic, Mechanical, and connected Vehicle Access Control, with a 40% share in the 2-wheeler market.
We were one of the last to get what’s called a value added license to the compus stat database. We ended up buying, this is one of the wonderful things about financialmarkets and degrees of completeness. It made it much easier and much more electronic. That actually is exactly what we ended up doing.
And I’m sitting there like, man, I’m glad I’m not licensed yet, because, you know, the last thing I wanna do is, you know, get booted outta the business before I even start. I mean, but I think the general, it doesn’t, it wouldn’t negate, you know, the one major thing that dominates financialmarkets.
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