Download App 
India’s fintech sector may be young, but it is growing rapidly, driven by a large market base, an innovation-driven startup landscape, and support for government policies and regulations. Several new companies populate this emerging and dynamic sector as traditional banking institutions and non-bank financial companies (NBFCs) are catching up. NASSCOM predicts that the Indian fintech …
If you are still waiting to buy a new home, now is a great time. Kotak Mahindra Bank and State Bank of India (SBI) cut mortgage rates effective March 1. The two banks cut interest rates by another 10 basis points (100 basis points = 1 percentage point). Kotak Mahindra Bank has cut mortgage rates …
AI as a blockchain is a revolution in technology. It makes the work of different industries easier and more efficient. The evolution of AI is leading to great revolutions in all industries, but the most useful thing about AI is loan and credit management. Automated systems cost banks 50-90% less than the labor of hired …
You may have heard of two types of debt: good debt and bad debt. “Good” debt is money owed for things that can help build wealth or increase income over time, such as B. Student loans, mortgages, or business loans. “Bad debt” refers to things like credit cards or other consumer debt that do little …
Liquidation involves converting a company’s assets into cash and using these funds to pay off the company’s debts as much as possible. The liquidation leads to the closing of the business. There are three different types of settlement: Voluntary liquidation of creditors: initiated by the directors of the company when they fear that the company …
The recovery mechanism is a process of implementing the recovery procedures and mechanisms necessary to restore financial assets in the event that the borrower does not repay them. An APN, as explained above, is an asset that no longer generates income and income which, if not handled properly and in a timely manner, can cause …
The National Stock Exchange (NSE), which is the world’s largest futures exchange in terms of the number of contracts traded, had a technical defect on February 24 that went public for hours. This is an attempt to answer all the important questions about a technical issue and its effects on investors and operations. What is …
As the times changed, the mindset and expectations of the employees gradually began to change as well. Today, your employees are millennials and their expectations of the organization can be characterized as expectations “outside the box”. Gone are the days when your employees were satisfied with simple health insurance or retirement plans. Now you need …