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Category: Banking

    The fight over Facebook’s digital forex could alternate the face of banking

    The fight over Facebook’s digital forex could alternate the face of banking

    This week, David Marcus, head of Facebook’s virtual-foreign money venture, faced an onslaught of crucial questions from the United States Congress members. He fielded most of them with calculated and repetitive responses that shed little…

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    Digital Platforms Are Eating Banking

    Digital Platforms Are Eating Banking

    I requested a room full of bankers lately what they notion after hearing the phrase “platform.” The most common responses had been “online banking,” “cellular banking,” and “lending.” One guy stated, “footwear.” Very humorous, Mr.…

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    Why FinTech Companies Keep Launching Their Own Banking Products

    Why FinTech Companies Keep Launching Their Own Banking Products

    While every person ought to buy a Certificate of Deposit (CD) that paid over five% APY just a decade in the past, the common charge for a 12-month CD is now just 0.59%. Worse, the…

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    ICICI Bank launches digital banking platform ‘InstaBIZ’ for MSMEs

    ICICI Bank launches digital banking platform ‘InstaBIZ’ for MSMEs

    ICICI Bank introduced a new virtual platform, ‘InstaBIZ,’ curated for MSMEs and self-employed clients to permit them to adopt their commercial enterprise banking transactions digitally and right away. InstaBIZ allows clients to avail themselves of…

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    ‘I’m an outsider’: Why Raghuram Rajan didn’t observe for top task at Bank of England

    ‘I’m an outsider’: Why Raghuram Rajan didn’t observe for top task at Bank of England

    Former Reserve Bank of India governor Raghuram Rajan has indicated the political challenges posed by Brexit were the reasons he didn’t follow to head up the Bank of England. In an interview with the BBC,…

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    Interactive: The transformation of the banking sector

    Interactive: The transformation of the banking sector

    The length from 1967-1991 become characterized via the nationalization of banks. , to improve the delicate fitness of banks, apart from strengthening NPA/capital norms, the RBI also allowed the entry of private banks inside the…

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    View: Modi ought to starve India’s state banks, no longer celebrate them

    View: Modi ought to starve India’s state banks, no longer celebrate them

    Fifty years ago, India took a wrong turn leftward from which its miles yet to get better: On July 19, 1969, the authorities took over the banking device, nationalizing 14 banks that collectively controlled 85%…

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    Bank employees are proud, but feel fundamental issues but to be addressed

    Bank employees are proud, but feel fundamental issues but to be addressed

    As u . S. A. Celebrates 50 years of bank nationalization, financial institution employees can be proud that they have contributed to state-building. Still, there are primary troubles close to the bank man’s heart that…

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    MF Wrap: Banking is the top select for fund houses in June; right here are different sectors that made it to their purchasing list

    MF Wrap: Banking is the top select for fund houses in June; right here are different sectors that made it to their purchasing list

    Asset managers continued to gather shares of banks for the 9th instant month in June, in keeping with Securities and Exchange Board of India (SEBI) deployment statistics. The finances deployed 24. Seventy-eight percent of their…

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    Banking quarter going through many challenges: Gadkari

    Banking quarter going through many challenges: Gadkari

    NAGPUR: Union minister Nitin Gadkari said that the banking zone deals with quite a few demanding situations on numerous fronts. Speaking after inauguring the zonal workplace of Indian BankNSE -2.03 % right here, the Highways…

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