Our business consulting specialists offer a comprehensive blend of strategic advisory services. We assess the business, industry, operating model, synergy, skill sets and vision of the organisation and recommend the way forward
Grant Thornton’s digital transformation services help traditional businesses digitalise their business models with cloud technology, IoT consulting, app development and more DigiTech solutions.
Our Human Capital Consulting team harnesses technology and industry expertise to assist in constructing adaptable organisations with transparency, fostering productive and value-driven workforces, and inspiring employees to engage meaningfully in their tasks.
Production-linked Incentive Scheme by the Indian government is aimed at boosting manufacturing. Grant Thornton Bharat offers varied services across sectors to help businesses avail of this scheme.
Our Public Sector Advisory team has focused streams, aligned with the core priorities of the Government of India. We are responsible for providing innovative and customized technical and managerial solutions.
Tax advisory and advisory services in India by Grant Thornton aim to help businesses of all sizes to formulate and implement effective strategies to optimize...
Our tax specialists offer a comprehensive blend of tax services, tax litigation, regulatory and compliance services, helping you navigate through complex business matters.
Get tax services by leading tax firm Grant Thornton India. Our indirect tax services include consulting, compliance and litigation services for corporate, international and transaction tax
Our transfer pricing services experts provide a range of services from provision of APA services to handling large global assignments including Country by Country reporting.
At Grant Thornton, we help individuals and dynamic companies deal with US tax laws, which are one of the most complicated tax legislations across the world.
Best financial advisory services, tailored for small and large businesses by the experts having comprehensive knowledge of domestic laws and access to multifaceted tools to provide a valuable results.
Our experts have significant hands-on experience in providing IFRS/US GAAP services, end-to-end solutions and support services to fulfil financial reporting requirements.
International operations often lack standardisation and have varied local reporting formats and requirements. Our experts can offer proactive insights, practical guidance, and positive progress and help meet regulatory timeframes.
Our experts can assist in overhauling the entire compliance machinery of the organisation through evaluation of the applicable statutory obligations, monitoring of adequate governance controls, reporting and providing ongoing support.
As businesses transcend borders, both domestic and global considerations need equal attention. Our interim CFO and financial controller support services help organisations meet the business vision.
Our accounting experts assist organisations in managing their accounting and reporting. Our dedicated Integrated Knowledge and Capability Centre (IKCC), allows us to service both the domestic and global markets efficiently and cost-effectively
We have automation solutions for you that will allow meeting government requirements and remain diligent, which when failed, can lead to penalties and loss in revenue.
At Grant Thornton Bharat, we meet the challenges of our clients and help them unlock their potential for growth. Our professionals offer solutions tailored to meet our clients’ global accounting and statutory reporting requirements. With first-hand experience of local reporting requirements in more than 145+ locations worldwide, we provide seamless and consistent international service delivery through a single point of contact.
Grant Thornton Bharat's comprehensive related-party transaction services ensure good governance by adhering to regulatory requirements, promoting transparency, and providing robust policies for compliance, documentation, and accountability in related-party transactions.
Grant Thornton Bharat Private Client Services offers tailored advisory for family-owned businesses, focusing on governance, compliance, tax, succession planning, and family office structuring to sustain wealth and preserve legacies across generations.
GTMitra, a specialised tax and regulatory tool by Grant Thornton Bharat, supports multinational businesses in understanding laws and regulations for effective growth strategies.
Labour codes solutions help you transition through the new legislation. At Grant Thornton, we help businesses divide their approach to make sure a smooth transition.
The December edition of the Grant Thornton Bharat Monthly Tax Bulletin captures key developments under the direct taxes, transfer pricing, indirect taxes, and FEMA, for November 2024.
Grant Thornton Bharat ESG and Risk Consulting provides expert governance, IT security, and forensic services, ensuring robust processes and controls for...
In today’s time, businesses have gone through large transformation initiatives such as adoption of digital technologies, transition to cloud, use of advanced technologies et al.
Our Governance, Risk and Operations (GRO) services encompass Internal Audit, Enterprise Risk Management, Internal Financial Controls, IT advisory, Standard Operating Procedures and other services.
Grant Thornton Bharat’s CLEARR Insights is a state-of-the art data analytics platform that will help you in seamless data analysis and efficient decision-making.
The team of forensic advisory services experts consists of the best intelligence corporate experts, and fraud risk, computer forensic experts to deliver most effective solutions to dynamic Indian businesses.
Grant Thornton Bharat offers holistic ESG consulting solutions for sustainable business outcomes. With industry expertise and AI technology, we drive long-term value.
Our transaction tax experts understand your business, anticipate your needs and come up with robust tax solutions that help you achieve business objectives ensuring compliance and efficiency
Unlike other M&A advisory firm in India, we offer deal advisory services and work exclusively with controlled and well-designed strategies to help businesses grow, expand and create value.
Grant Thornton’s financial due diligence services are aimed at corporate looking for mergers and acquisitions, private equity firms evaluating investments and businesses/promoters considering sale/divestment.
As one of the leading valuation consultants in India, Grant Thornton specializes in all the aspects of the process like business valuation services, financial reporting, tax issues, etc.
Overseas listing presents a perfect platform for mid-sized Indian companies with global ambitions. Grant Thornton’s team of experts in listings, work closely with clients during all stages.
Grant Thornton Bharat offers specialist debt and special situations consulting services, including restructuring, insolvency, and asset tracing solutions.
Grant Thornton Bharat offers tailored assurance and auditing services in India, ensuring NFRA compliance, sector expertise, and risk-based audits for credible...
Grant Thornton Bharat Financial Reporting Advisory Services offer end-to-end solutions for complex financial requirements, including GAAP conversions, IPO support, and hedge accounting advisory, ensuring accurate financial reporting and compliance.
Grant Thornton Bharat offers customised financial statement audit and attestation services, ensuring impeccable quality and compliance with global standards. Our partner-led approach, technical expertise, and market credibility ensure effective solutions for your business needs.
Grant Thornton’s Global Delivery Services works to provide innovative multi-disciplinary solutions across service lines and expertise areas, with a global...
Sustainable farming in India is crucial for food security, economic growth, and environmental conservation, requiring government support and farmer education.
Government focuses on sustainable agriculture, digital infrastructure, and market intelligence to enhance productivity and global competitiveness in agriculture.
We specialize in fintech consulting services, offering tailored solutions for industry challenges like risk management, regulatory compliance, and finance...
Unlock new levels of success in the gaming industry with Grant Thornton Bharat. Expert gaming consulting, regulatory compliance, tax advisory, and deals...
Grant Thornton Bharat offers tailored strategic guidance, robust risk management, and innovative solutions for NBFCs, enhancing performance and compliance.
We provide sports consulting services that help organisations and governments, regardless of size, enhance their value through strategic planning, business...
Elevate your business with custom tech solutions. Navigate challenges & seize growth opportunities with Grant Thornton Bharat technology consulting services.
Unlock growth potential in India's booming telecom market with Grant Thornton Bharat strategic consulting services. Trusted partners across the value chain.
As the BFSI (Banking, Financial Services, and Insurance) and Fintech sectors continue to evolve, 2024 is poised to be a transformative year. Digital transformation in BFSI and Fintech is driving significant changes, with a strong emphasis on customer experience, operational efficiency, and advanced technologies. Our latest report, titled "BFSI & Fintech: Road ahead in the digital era," is a comprehensive analysis based on a survey conducted by CIONews and Grant Thornton Bharat. It delves into the latest BFSI trends of 2024, and the role both sectors are playing in driving India's economic growth.
Customer-centric digital transformation: The focus is on enhancing customer experience through personalised services, seamless transactions, and omnichannel integration. This approach ensures a more engaging and efficient customer journey
Advanced data analytics: Leveraging data analytics for understanding customer preferences and improving decision-making processes is becoming increasingly important. This includes the use of AI and IoT for real-time insights and customer service improvements
Cybersecurity integration: Safeguarding customer data is a top priority. The integration of advanced cybersecurity measures, including AI-based threat detection and robust encryption practices, is essential to maintaining trust and compliance
Shift to cloud-based solutions: Adopting cloud solutions for scalability, agility, and cost efficiency is on the rise, enabling BFSI entities to manage resources more effectively and innovate faster
AI and automation: The application of AI for operational efficiency, predictive analytics, fraud detection, and personalised interactions is a key trend, driving significant improvements in service delivery and risk management
There will be continued emphasis on customer-centric initiatives and operational modernisation
Increased investment in advanced technologies like AI-based threat detection and predictive analytics is expected
There will be sustained focus on cybersecurity with frequent risk assessments and robust encryption practices
Collaboration with FinTech startups and third-party providers for innovation is expected to increase
Development of new products and services to meet evolving market needs is likely
Overcoming resistance to change and integrating with legacy systems
Addressing talent shortages and managing budget constraints is a constant challenge across BFSI sector
Ensuring data security and complying with cybersecurity regulations is difficult
Managing risks associated with digital transformation and maintaining high customer experience levels through digital self-service and personalised interactions is challenging
Way forward: India’s growth prospects
India is projected to grow at an average rate of 7%, bolstered by robust economic fundamentals and a resilient financial services ecosystem. Despite global uncertainties, India remains a strong investment destination. The BFSI and Fintech sectors are expected to see significant growth due to increasing internet penetration, rising mobile usage, and government initiatives like Digital India and Jan-Dhan Yojana.
Explore BFSI trends for 2024: Discover key trends, forecasts, and challenges shaping the future of the BFSI and Fintech sectors. Click here to download the full report.
