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Financial reforms can triple market size by 2020: FICCI
New Delhi: Indian capital markets can grow three-fold by 2020 if reforms to increase retail participation, reduce cost of trade and enhance investment by pension funds are initiated, says a study by Ficci-Mckinsey & Company. "In order to enable Indian capital market to triple in size by 2020, reforms are needed...," it said identifying low depth in equity markets, less retail participation, high