BANKING FINANCE - August 2022

Truss Lost The Trust, Rishi To Resolve?

The United Kingdom (UK) has the legacy of being the most stable leading economy over the last 500 years. The UK is one of the leading financial markets.

Financial Inclusion - The Journey And Road Ahead

Financial inclusion is increasingly being recognized as a key driver of economic growth and poverty alleviation the world over.

Metaverse: Experiencing A New Dimension In Banking

The term "Metaverse" was first used in the novel "Snow Crash", a science fiction novel written by Neil Stephenson in the Year-1992.

Economic Survey 2023: Indian economy to grow 6-6.8 per cent next fiscal year

India's economy is projected to slow to 6-6.8 per cent in the fiscal year starting April - still remaining the fastest growing major economy in the world - as extraordinary challenges facing the globe will likely hurt exports, the Economic Survey said.

Platform-as-a-Service (PaaS): A new Frontier

In the recent past, most of the IT oriented people were thinking that the cloud computing paradigm is only a Software-as-a-Service (SaaS) and Infrastructureas-a-Service (IaaS).

CHALLENGES AND FUTURE OF NEO BANKING IN INDIAN BANKING INDUSTRY - A WAY FORWARD

Neo Bank has acquired popularity recently as a result of its introduction into the financial technology market.

DIGITAL LENDING - A WAY FORWARD

Digital lending is the process of availing credit online. Its increased popularity amongst new-age lenders can be attributed to expanding smart phone penetration, credit range flexibility, and speedy online transactions. In the last few years, India has seen a massive disruption in the fin-tech space that has brought flexibility and the versatile digital customer experience in banking and lending. Additionally, the outbreak of COVID-19 has created a huge space for consumers and business enterprises to heighten the lending market growth. Digital lending has a larger opportunity in India and the total retail loan which could be distributed digitally till 2023 would be over $1 trillion. According to research work of Boston Consulting Group on consumer behaviour across purchase journey, 50% of loan seekers with internet access buy their loans online.

e-₹, The Digital Currency Of India: Way Forward

Currency is a form of money that is issued exclusively by the sovereign (or a central bank as its representative).

Neo-Banking: The Future Of India's Branchless Banking

Neo-Bank is a digital bank without having any physical branch network carried out business entirely through online mode.

IBEX India 2023 BFSI tech trends for collaborative banking

The year 2023 is an opportunity to predict what's in store for the future of banking.