Cashless is no longer a scary word now. It is astounding to see how it has defined the new ways of payment paving the way to cashless economy.Read More
Big changes are on the horizon. You may have seen or heard about Open Banking, PSD2, and CMA in the news over the past year. Or, you may be hearing about them for the first time right now. Fortunately, Open Banking is right here and it is going to stay. In the banking sector, the...Read More
The 2015 ”Digital India” campaign along with the 2016 “Demonetization” drive paved the way for the digitization of the Indian economy. With digitization coming in, the Indian banking industry having withstood the previous changes(Eg automation), accepted the change and opted in for digitization. With all the sectors of the Indian economy embracing digitization digital banking...Read More
After a short break, I am back again to take my readers on an another tour of agency banking. While my previous tours Agency banking and Bitcoin , importance of agent banker gave us a peek into what is agency banking and their importance in emerging markets, this time let’s tour and get a peek...Read More
Hon’ble Indian Prime minister Mr. Narendra Modi said – I dream of Digital India where mobile and e-banking ensure financial inclusion. We might have heard many such quotes from our leaders, but what has been the ground reality? Has the government made any progress? What were the initiatives taken to boost social and financial inclusion?...Read More
Financial inclusion for rural people In continuation to our earlier blog ”Benefits From Agency Banking”, this blog would highlight the importance of agent bankers in rural banking. For a country to be fully developed rural development has to take place. Of late rural development has become the new buzz word for the developing economies. The...Read More
In one of our earlier blogs ”How #Demonetization is pushing us to go for #Cashless transactions” we had discussed the way demonetization has pushed us to opt for cashless transactions in continuation to that today‘s blog would discuss whether the non tech savvy people are ready to go cashless,what is holding them from going cashless...Read More
One of the faces of demonetization – Our maid for several years knocks at our door, late in evening yesterday asking for money to buy milk for her son. I oblivious of the “demonization hula boo” started enquiring what did she do with the salary which I gave just a few days back.(Only because I...Read More
