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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
One of India’s largest banks has gone all in on a technology-first revamp of everything from internet banking to trade finance.
Early on in his stint as chief executive officer of ICICI Bank, Sandeep Bakhshi decided that he would use technology to transform—and clean up—one of India’s largest lenders. And he had no time to waste; the change had to start taking effect immediately.
The Chanda Kochhar episode, which saw Bakhshi’s predecessor step down over allegations of fraud and undisclosed conflict of interest, had revealed serious corporate governance shortcomings at the bank. Many wondered if it could ever get over what was one of the most high-profile scams in Indian banking history. If customer and investor confidence were low, industry circumstances …
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
The Rs 250 SIP was launched last year by the former SEBI chairperson with one clear goal: financial inclusion. More than a year later, the much-hyped scheme doesn’t seem to have caught on with MF investors.
