What are PSU banks and the reasons they are rising
Inside This Article Public sector banks have been performing quite steadily for quite some time, and the July to September quarter in 2022 vouches for it. These banks have registered unparalleled growth, and their asset quality has improved quite significantly. The stock market also highlights how amazingly PSU banks have been performing. Before we take […]
Payment Aggregator and Payment Gateway difference and compliance
Inside This Article Introduction Around the world, the COVID-19 pandemic has profoundly affected people’s comfort levels with digital technology. The ‘new normal’ of payment reached 70 billion transactions in 2022, which was 44 billion in 2021. This has created opportunities for new entrepreneurs and small businesses. And finding the right method of the payment transaction […]
RBI’s Co-Lending Model Guidelines for Banks and NBFCs
Inside This Article Co-lending, also known as co-origination, is a system in which banks and non-banking financial companies collaborate to provide credit to the priority sector participants. Under this arrangement, banks and NBFCs share risk in an 80:20 ratio (80 % of the loan with the bank and a minimum of 20% with the non-banks). […]
7 steps to start your own NeoBank from scratch
Inside This Article Neobanks in India— online banks, internet-only or no-branch banks. With the catered and personalised customer solutions, in the next five years, the global NeoBank market is expected to grow at 47.1% and hit a $333.4 billion market size (CAGR). Along with seamless 24/7 remote services, NeoBanks are easy to set up due […]
