Will the proposed Bad Bank cure India’s banking sector? Here’s how it may shape up

  In Feb 2021, RBI announced a structure for a proposed bad bank, "What you call a bad bank is not really that; an ARC-type entity will...

Moody's:China's banks are now stable from negative - 'shadow' banking were easing risks

China's banks are now stable as 'shadow' banking looks less threatening, Moody's says Moody's Investors Service ...

Libor, Scandal-Plagued Interest Rate, Could Disappear by 2021

British regulators said on Thursday that they wanted to phase out a scandal-plagued benchmark interest rate known as Libor by 2021, re...

Taking a home loan to buy a house? Important factors to consider

Though you may have salary or income to support your home loan application, here are some factors you have to look into. Loans make m...

This banking tech startup is the newest Indian unicorn with a $1.45 billion valuation

  Banking technology startup Zeta is the latest to join the Indian unicorn club. The company has been valued at $1.45 billion after raising ...

Indian banks need at least $2.8 bln extra provisioning for bankruptcy cases - India Ratings

Indian banks taking 12 of the country's largest defaulters to bankruptcy court under a central bank directive, will need to make a...

From barter to blockchain: A history of money

Not everyone had everything. We always had something in surplus, and we always needed something that the other person had. Thus, we started ...

Long before it became a bank, HDFC was one of India’s earliest startups

Today, it is indeed hard to imagine how primitive the Indian financial system was just a quarter of a century ago. Several economic refo...

How Two Brothers Turned Seven Lines of Code Into a $9.2 Billion Startup

Every day, Americans spend about $1.2 billion online. That figure has roughly doubled in the past five years, according to the Depar...