banks
19 ARTICLES
High attrition is the bane of India’s private banks
The increasing convergence of sales and service functions, with consequent non-stop pressure to meet targets, has seen employees jump ship in droves. This has the potential to adversely impact the financial institutions’ health.
05 Jan 2025
Nifty 50 earnings on the skids. Why investors should worry
A gung-ho attitude to the market hinges on rate cut expectations, but the risk of tapering earnings growth spoiling the party is a very real prospect.
23 Aug 2024
India’s already loss-making payments industry gets shaken up again
The RBI’s latest draft guidelines to regulate payment aggregators have sparked concerns about a potential increase in the cost of doing business.
28 Apr 2024
How State Bank of Mauritius is rebuilding itself in India
With its fintech-first strategy running into regulatory problems, the five-year-old lender is banking on new leadership, improved systems and commercial banking to chart a new path.
18 Oct 2023
Fino Payments Bank’s status upgrade won’t be easy
A licence to operate as a small finance bank will allow the fintech company to grant loans and collect more deposits, but the transition will entail fixing its less-than-favorable shareholding structure.
13 Sept 2023
RBI’s new KYC rules confound banks
The central bank’s directive to intensify scrutiny of customers onboarded through Central KYC or DigiLocker seems to be at odds with the government’s Digital India mission.
06 Jun 2023
BharatPe’s personnel problem
Staring at uncertainty and with several top-level executives gone, the four-year-old fintech startup needs to act fast to restore stability across teams.
17 Jan 2023
RBI wants to add Visa, Mastercard credit cards to UPI soon
The inclusion of the two largest card networks is expected to benefit all stakeholders, but NPCI, which runs the digital payments system, may have other ideas.
10 Jan 2023
RBI can’t wish away fintechs from UPI just yet
The central bank is worried about banks not doing enough to boost their market share vis-a-vis fintechs, but there is little incentive for private sector lenders to up their UPI game.
13 Dec 2022
Large merchants should pay for UPI
The mobile payments system is a public good indeed, but zero transaction charges are not a viable solution.
30 Aug 2022