"There is no doubt that financialization in our country is here to stay. Whether you look at the registrations on BSE, or Zerodha crossing 1cr accounts, or the SIP volume growth over the last 2 years on an MoM basis, the trends point to a strong financialization growth in our country. It is imperative to understand that the quality of growth will be a lot more robust if the number of MFDs and RIAs increases alongside."
