Financial Services are defined as a bundle of intangible utilities aimed at satisfying the needs of users. Financial Services bridges the gap between savers and those who need funds. The service sector in India has been witnessing a boom in recent times. In addition to the strong growth in ITES, the Indian financial services sector is considered to be stable and progressive, and has been a major beneficiary of India’s growth story. The growing attractiveness of the financial services has triggered the entry of global majors. Aggressive plans of incumbents coupled with the entry of new players are expected to further drive the growth of sector. Liberalization, privatization and Globalization have further strengthened the financial services in India. The Financial Services sector in India has emerged as a mature and sophisticated system which is inherently strong, functionally diverse and displays efficiency and flexibility. This is a sector which is further expected to witness increasing consolidation, sophistication and maturity in future. As compared to other developed markets, the Indian financial services sector is largely under penetrated with a huge potential for growth keeping in consideration government thrust on liberalization on one side and rising income, increasing awareness of financial products, strong equity market growth on the other. Indian Financial Services sector provides very promising investment for global investors. The current paper is aimed to study India’s trade in financial services from the year 2000-2010. An attempt will be made to present the trade patterns in financial services in the said decadal period with the help of the statistical methods like CAGR(compound annual growth rate).The current paper is aimed to study India’s trade in financial services from the year 2000-2010.An attempt will be made to present the trade patterns in financial services in the said decadal period with the help of the statistical methods like CAGR(Compound Annual Growth Rate).

Financial Services are defined as a bundle of intangible utilities aimed at satisfying the needs of users. Financial Services bridges the gap between savers and those who need funds. The service sector in India has been witnessing a boom in recent times. In addition to the strong growth in ITES, ...