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Health insurers preparing for Wearables

Reported by | Updated: February 19, 2018

Health insurance is a low priority for Indians. This perception needs to change because an insurance cover can help a person meet a medical exigency with ease without having to spend his hard-earned cash It is an accepted fact that health insurance has a low penetration in India, mainly due to lack of awareness about […]

Banking on GST

Reported by | Updated: January 2, 2018

Banks and financial institutions have encountered several issues while implementing GST. However, they are equipped to overcome these While the introduction of Goods and Services Tax (GST) is considered as a major forward-looking step in the tax administration in India, the contention is that the service sector in the country would face major handicaps than […]

Building for the Future Sibos 2017

Reported by | Updated: November 24, 2017

Sibos 2017 held in Toronto in October and organized by SWIFT, the international network to send and receive information about financial transactions, has been a huge draw as in the past, with 8100 delegates attending, 185 exhibitors showing their prowess, and conferences, discussions and knowledge sharing sessions spread over 4 four days keeping the participants […]

Mahindra Finance – the last word in rural finance

Reported by | Updated: October 26, 2017

Mahindra Finance today stands tall among the NBFCs in the country with an emphasized focus on rural finance. Ramesh Iyer, VC & MD of the company, who is passionate about the business model he developed, narrates the 22-year-old journey he undertook in 1995 From one branch and a couple of customers in 1995 to 1400 […]

Digital is transforming lending decisions

Reported by | Updated: September 21, 2017

Banks and financial services institutions can now take easy lending decisions. Digitization has not only transformed the decision-making process, it has also changed the way risk management is handled in these institutions Banks and financial services institutions are reevaluating their decision-making processes in the retail loan segment with the advent of digitization and availability of […]

The changing face of transaction banking

Reported by | Updated: August 24, 2017

Transaction banking is a veritable money spinner for banks with strong corporate banking focus. What are the new trends in this domain? Heads of two private banks speak about their respective operations Transaction Banking by definition is a suite of products targeting the key corporate needs for working capital optimization. These products invariably integrate cash, […]

Future proofing with right talent

Reported by | Updated: July 27, 2017

Banking is one sector that is exceptionally impacted by the emerging technologies and swiftly changing customer expectations. The sector is also challenged by disruptors like fintechs and telcos, which strive to offer financial services with agility and speed. The traditional business models are virtually under attack and their viability depends on adapting to the realities […]

Energizing digital lending for MSMEs

Reported by | Updated: June 22, 2017

MSME lending has always been a challenge for banks. TAB Capital, a new NBFC, is converting that challenge into an opportunity: Digital India is experiencing a revolution in lending practices and processes. Digital lending is invading the space of traditional lending. It has begun to show signs of prominence and is becoming a leading method […]

Bank Security : From Brawn to Brain

Reported by | Updated: May 22, 2017

Banks Continue to face to robberies and attacks.Physical security heads have envisioned smart solutions to deter criminals: The violence in Kashmir has now extended to the banking sector. Since the end of October 2016,armed robbers have struck at bank branches in the state looting nearly `92 lakh in 13 separate attacks. There have been 4 […]

Budget: Credit demand to get traction

Reported by | Updated: March 21, 2017

Mayank Mehta, Executive Director, Bank of Baroda and Harideesh Kumar B., Executive Director, Canara Bank, expect credit growth boost from the Union Budget 2017 Mehul Dani: How will Budget 2017-18 facilitate credit growth for banks? Mayank Mehta: The budget is progressive with its emphasis on inclusive development while being fiscally prudent. It has given special […]

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