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Lafferty to open local office
Our Banking Bureau
Mumbai, Jan 20: The Lafferty Group of UK, which services the information needs of the financial industry, plans to set up shop in India through a two-man office in Bangalore.Lafferty group chairman, Michael Lafferty, feels that India is now the world's most significant emerging market for retail financial services, and will soon attract the interest of many more foreign banks, insurers, credit card companies and other financial services providers. The group plans to hold its first major international financial services conference for south-east Asia in Mumbai on January 22 and 23. According to Lafferty, "the most important force driving this retail financial services revolutiuon is the rapid increase in personal wealth throughout the world in the past quarter century". "The Indian market in particular has experienced rapid economic growth in recent years and is now home to one of the world's largest consumer markets, estimated from 20-100 million individuals", said Lafferty.The Lafferty group specialises
in areas like retail banking, financial mergers and acquisitions, life insurance, mutual funds, accounting and other related areas.
Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.
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