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NeML platforms boost prices for FPOs

Reported by | Updated: November 15, 2020

In 3 years, NeML has registered over 4 million farmers and transacted more than Rs160 billion.   The erstwhile NCDEX Spot Exchange is now NCDEX eMarkets (NeML) and is the only full-service e-market company in the country. NeML’s Chief Sales Officer Shailesh Chitre says the company recently ran a successful campaign focusing on Farmer Producer […]

Digital KYC can handle 20x applications a day

Reported by | Updated: November 15, 2020

The associated cost to process credit card and loan applications by banks has come down significantly: BankBazaar was one of the first fintechs to realize the advantage of digital KYC and partner with leading banks and credit card issuers to facilitate contactless access to credit cards. Adhil Shetty, CEO of the firm, believes that contactless […]

From Mobile Sales App to Platform

Reported by | Updated: November 11, 2020

In the new avatar, the app can be looked upon as one integrated power hub, helping the field sales to meet their numbers:   The power of digitized sales process enabled via a mobile application built on robust mobile platforms is now known to all. The benefits are an instant shift to a paperless process […]

Where technology is the first solution

Reported by | Updated: November 5, 2020

Where technology is the first solution Samco Group relies on technology to drive its 4-pronged business strategy:  Investors and traders from over 2000+ cities trade with Samco Securities, one of India’s fastest growing discount brokers as the firm offers trading accounts for the exchanges and demat accounts as a depository participant. Broking houses are facing […]

Fintechs A.C.T. on Security Threats

Reported by | Updated: October 30, 2020

Fintechs A.C.T. on Security Threats Fintechs have adopted multiple measures to combat security threats. Among them, the 3 key ones are Analytics, Controls, and Technologies (A.C.T.) Recent reports indicate that India has one of the highest numbers of internet users in the world, and it is also among the top 10 countries facing cyberattacks. Cybersecurity […]

Changing Landscape of Mortgages Industry

Reported by | Updated: October 30, 2020

Migrant homecoming is revving up native town economies: Pic: Manish Jaiswal  Global financial systems are reeling under the onslaught of covid pandemic and the most affected seems to the small-scale businesses, which have been severely impacted by the crisis resulting from lockdowns and financial constraints. Loan moratoriums need to be extended, job losses have crossed the over the 4 […]

Sashidhar Jagdishan assumes office at HDFC Bank

Reported by | Updated: October 30, 2020

The expected change of guard happened at HDFC Bank in a smooth manner as possible when Sashidhar Jagdishan took charge as Managing Director and CEO, succeeding Aditya Puri, who retired on 27 October after an illustrious career spanning 26 years. Jagdishan will head the bank for a period of 3 years. Puri retired from the […]

Digital KYC can handle 20X applications a day

Reported by | Updated: October 29, 2020

The associated cost to process credit card and loan applications by banks has come down significantly: BankBazaar was one of the first fintech to realize the advantage of digital KYC and partner with leading banks and credit card issuers to facilitate contactless access to credit cards. Adhil Shetty, CEO of the firm, believes that contactless […]

Discovering Green Shoots – An Agri Financial Perspective

Reported by | Updated: October 22, 2020

Banking Frontiers organized a web panel discussion where agri bankers and agri experts exchanged valuable insights: Agriculture, with its allied sectors, is one of the largest sources of livelihood in India. A high proportion of agricultural land and diverse climate encourage multiple crop cultivation. In fact, the Gross Value Added (GVA) by agriculture, forestry, and […]

CISOs believe banned apps posed real security threats

Reported by | Updated: October 15, 2020

The banned apps could have been used for surreptitious activities: When the Indian government on 29 June banned 59 apps of Chinese origin, including the highly popular TikTok, UC Browser, Weibo, and WeChat, the explanation given by the Ministry of Electronics and Information Technology was that it had received “many complaints from various sources, including […]

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