But there are challenges, observes Tamal Bandyopadhyay.
The bulk of of trading on stock markets is done algorithmically, by computerised clerks working at the behest of human traders.
'As banks grapple with risk aversion and savers see an erosion in the value of money, the P2P platform can be a win-win for both borrowers and lenders,' notes Tamal Bandyopadhyay.
Rakesh Kaul, CDO, Edelweiss General Insurance, answers your health insurance queries.
The move to make the appointment process more robust comes after last month's arrest of S K Jain, chairman and managing director of Syndicate Bank last month, over graft charges.
The court was hearing petitions challenging the Aadhaar scheme.
With the rise in interest rates, bond yields have been on the rise; this will dent banks' treasury profits. Also, many retail borrowers may find it difficult to service their loans when the loan rates rise, points out Tamal Bandyopadhyay.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Investors in LIC's insurance and other schemes are receiving a lower rate of return because LIC is subsidising incompetence at best and malfeasance at worst in institutions such as IDBI Bank and IL&FS, says Jaimini Bhagwati.
Dubai-based billionaire BR Shetty has sued Bank of Baroda (BoB) and audit firm Ernst & Young (EY) in a New York court, accusing them of ignoring fictitious and fraudulent transactions that resulted in NMC Healthcare going bankrupt. Shetty is seeking $8 billion in damages in the suit that also names the top management of NMC Healthcare, and Netherlands-based Credit Europe Bank. A top NMC Healthcare official confirmed the development to Business Standard and said despite several meetings, senior BoB officials in India did not take remedial steps for fear of getting involved in an international ponzi scheme perpetrated by then senior management officials.
Physical advisors have been receiving tough competition from algorithm-based investment counselling and robo-advisories.
Many Indian companies provide outsourcing services to various American entities, including large banks and financial institutions.
More than 40% of the companies surveyed showed job contraction in FY18, says a report by CARE Ratings
If the CBDCs don't offer interest, why will people shift from cash to CBDCs?, asks Tamal Bandyopadhyay.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Property buyers fund the project cost and the entire debt and entire equity servicing, and yet, have no locus standi in the IBC process, points out Debashis Basu.
Move to address MNCs' taxation woes; UK likely to be the next.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
It was decided that the senior-most Army officer in a state would get in touch with the chief minister to understand the requirement and take forward the process, including offering to treat civilians wherever possible
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Nandan Nilekani talks about moving towards a cashless economy and freedom of Internet, among others
The government has initiated a forensic audit at the state-run Oriental Bank of Commerce and Dena Bank after unearthing of a suspected scam, wherein the lenders allegedly misappropriated funds worth Rs 436 crore from their fixed deposit customers.
This Act had to be excluded from the list of the obsolete laws to be repealed as some of its provisions provide security to the pensioners against attachment of pension
The US intends first to cripple the Afghan government financially through sanctions, freezing of assets, denial of access to international banking, etc, and then proceed to do pretty much what it wants to do with scant regard for Afghanistan's sovereignty, predicts Ambassador M K Bhadrakumar.
The move is a show of faith from three of the world's biggest technology companies in fast-growing Snapdeal
The latest telecom war kicked off after some pictures surfaced, showing Airtel banners among agitating farmers. According to the Jio camp, it was a giveaway that farmers were being enticed to port their phone numbers.
Did men and women of redoubtable experience and public service, upholders of the country's steel frame and paragons of corporate governance, never smell a rat?
Ten of top 15 companies in 1991 were PSUs; now, there are only six. Their revenue share has also fallen from 86% to 45%
E-commerce giants such as Amazon, Netflix and Flipkart, whose headquarters are not in India, potentially have to pay the additional levy of 2 per cent from April 1.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
The banking, financial services and insurance sector was the most targeted by scamsters, says Indeevar Krishna, head, operations and customer service, Max Life Insurance
With longer work hours and a work from home set-up during the COVID-19 pandemic, women bore the maximum brunt by performing a dual role as a working professional as well as a caregiver.
It reported adding 698,3146 subscribers in September, the lowest since it added 6.1 million in November 2017.
Britain's vote to leave the European Union means uncertainty for markets and companies as London initiates at least two years of negotiations with the EU.
Startups in India need low-cost debt for working capital, which is impossible to get.
72 per cent of the revenue of Indian firms (India Inc) is derived from the domestic / home market - the sixth highest in percentage terms in the emerging market (EM) and the Asian region, said a recent report by Morgan Stanley. The balance, according to the report titled 'Global Exposure Guide 2021' co-authored by analysts led by Jonathan F Garner, their chief Asia and emerging market strategist, is split between the developed markets (DMs) and other EMs. The report is based on an analysis of 3,300 companies globally that have revenue exposure in 17 different regions.
A substantial fluctuation is likely because for a long period gold has moved in a narrow range of $ 50-60 and at higher levels short positions were built.
The Maggi controversy is likely to be a stepping stone in the evolution of country's packaged and processed food industry.
The financial crisis has challenged the intellectual assumptions on which previous regulatory approaches were largely built, and in particular the theory of rational and self-correcting markets.
The government scheme has a long way to go before its ultimate goals of universal financial inclusion and financial literacy are achieved.