== India: Financial trends ==
* Booming economy with a growing middle class
* Access to credit is relatively new
* Fraud is a major problem, e.g. loans on homes are based on higher valuations by the appraiser
* There is no credit rating system and the judicial system does not allow companies to easily recover their money from the borrowers
* Airlines, railways and others are now selling tickets online and it is cheaper than buying through an agent or from the airline. You need a credit card to buy these online.
* Pension funds are still big in India. Not clear if India will go the US route of defined contribution plan (as opposed to defined benefit plan)
=== Credit ===
<table>
<tr>
<td>[[Image:PersFin Spot Finance.jpg|thumb|center|150px|Spot finance]]</td>
<td>[[Image:PersFin Zero Percent Credit.jpg|thumb|center|400px|0% credit]]</td>
</tr>
</table>
* Booming economy with a growing middle class
* Access to credit is relatively new
=== Reimbursements ===