scorecardresearch
Tuesday, March 26, 2024
TopicBanking

Topic: Banking

India’s KYC process is a privacy nightmare. FATF has given legal sanctity to mass surveillance

The extent of data collected at onboarding and once again at the time of updates to KYC goes beyond just verification and could potentially be used for “profiling” the customer.

Banks’ home loan portfolios set to feel the stress. RBI must devise measures

The economy is facing a rising interest rate cycle for the first time in several decades. This is likely to pinch the retail loan segment.

Why permanently cutting interest rates to zero can purge capitalism of its evils

A viable compromise could be struck: Rewarding entrepreneurship without compounding inequality or incentivising the unsustainable use of resources.

Make it easier for nominees & heirs to access money left to them, RBI-appointed panel suggests

Panel set up in May 2022 has recommended ways in which RBI's regulated entities can improve customer service, including easing KYC norms & removing limits on UPI transactions.

Taking credit score up to 800 is no rocket science. But here’s the secret sauce

In 'The Bee, the Beetle, and the Money Bug', BankBazaar CEO Adhil Shetty gives a guide to the financial world.

How does NPA impact the lending culture of banks in India

Banks have to focus on financial resilience, to make the revenue model agile and a cost- to-income ratio of at least 35%-40%, writes Divya Soni.

Federal Bank wants you to look forward to bank visits, new campaign moves away from apps

The tagline Rishta Aap Se Hai, Sirf App Se Nahi, is in line with the bank’s brand philosophy.

Bank harassment, hidden charges undoing gains of Modi’s PMJDY and financial inclusion

The government has merged several public sector banks to improve profitability. But users have not been informed of the complications these mergers have caused.

I decided to reinvent myself in investment banking: Here’s what I did

Learn investment banking from the best mentors that are available. The right guys will teach you exactly what you need to rise to the top. They have presentation skills that could kill the competition.

Millennials in India making riskier investments, in bid to boost returns rocked by inflation

More Indians are venturing into volatile territory by pouring money into new and lightly controlled assets, investing in peer-to-peer lending and cryptocurrencies.

On Camera

Mamata Shankar stuck in Dark Ages. Gen Z showing India there’s no one way to wear a saree

In an interview with Anandabazar Patrika Shankar waxed eloquent about her many objections to the pallu not covering the bosom area of Gen Z women. She called them ‘women of the street’.

Why Tamil Nadu’s women make up nearly half of India’s female factory workforce

With an educated & skilled workforce, Tamil Nadu has a burgeoning industrial sector which has scored massive investments in automobiles, electronics, and even footwear.

Taiwan reports Chinese military activity around the island

Taiwan has detected a total of 301 Chinese military aircraft and 165 Chinese naval vessels so far in 2024.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.