Young professionals who lost their jobs tell Rediff.com's Divya Nair how they reclaimed their lives.
This September, Sachin Bansal picked 94 per cent stake in microfinance company Chaitanya Rural Intermediation Development Services. His immediate plan is to scale up the company's operations as quickly as possible without making much investment in physical infrastructure and by leveraging technology.
Sidbi acquires Ahmedabad-based start-up at hefty premium; founders deny link to govt.
These top level changes have come soon after Flipkart co-founder and Group CEO Binny Bansal resigned over allegations of serious personal misconduct in November.
While HackerEarth has clients and developers globally, the US consists more than a third of the revenue stream, and plans to ramp it up to 60 per cent of the total share.
179 million debit cards were issued during December 2016 to June 2018. A mere 2,000 ATMs were opened in the same period.
However, in recent times, the clout that trader bodies such as CAIT and other organisations like Swadeshi Jagran Manch and Laghu Udyog Bharati has is steadily increasing. Earlier this year, trader bodies were able to convince the government not to extend the deadline for implementation of the new norms in FDI policy on e-commerce.
Biometric cards contain the details of policyholders such as name, age, address and finger prints. Besides helping the customers to pay their renewal premiums, the card will facilitate claim processing. It authorises transactions based on the customer's fingerprints.
Tamal Bandyopadhyay details HDFC Bank's digital journey.
While planning for retirement, the key is to let your money be idle, says Amar Pandit.
Not just from the likes of Alibaba and Didi Chuxing, Indian startups saw a surge in Chinese funding from financial investors in 2019. This is a seven-fold jump from $459 million in 2016.
For a borrower, who has serviced his loan without missing any repayment, the banks will be willing to take over the loan, give a top-up, and would offer lower interest rates, says Tinesh Bhasin.
Physical KYC takes anywhere between two to five working days to get done, V-KYC, only a few minutes.
Want a stress free vacation? Amar Pandit tells you what you need to keep in mind.
In 5 years, prices for keywords on Google's AdWords platform have gone up three to five times. Alnoor Peermohamed reports.
You can get a lumpsum sanctioned, but you may draw only part of it and pay interest on the amount used.
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Banking as we know it will stand on its head in the next 10 years.
'People can start making a safety net, and that safety net should be at least three months of your monthly salary.' 'If somebody is earning Rs 25,000 then s/he should have at least Rs 75,000 in her/his bank account, so that if anything like this (lockdowns) happens in the future, they are not struggling.'
Poor quality of education is one of the most important reasons for high unemployment in India, says Kavita Nigam.
There were fewer Series-B deals this year versus last, but more money was raised
Is the SBI chairman leaving the bank in a stronger and better position than what it was? Abhijit Lele finds out.
'No analogy is perfect, but a better liquid to liken data to is water, with the global internet like a great borderless ocean of currents and tides,' Facebook's vice-president, global affairs and communications, Nick Clegg, said in New Delhi.
With more and more youngsters preferring to shop online, the credit appetite has surged.
While most banks in India store all this data on Indian servers in their core banking systems, the current directive addresses new-age payment and fintech companies operating in the space
There is no reason for a child with no dependents to have insurance because insurance is put in place to provide for the child in the event of a parent's untimely death and not the other way around, says Amar Pandit.
The project is supported by the Department of Jobs through IDA Ireland.
The company was awaiting clarification from the Reserve Bank of India on data storage before it took a final call on data localisation.
India needs to follow countries such as Singapore who have and are further bolstering their cyber security apparatus.
While most others have not been able to replicate the WeChat model successfully, experts expect Jio to be able to score on its 300 million plus new mobile phone users.
A platform that helps retailers reduce failed transactions while keeping the cost down, Innoviti is all set for India's digital payments revolution.
While industry is upbeat, start-ups in the space sector are finding it difficult to cater to the demand due to a lack of funding, issues related to policy like foreign funding, intellectual property, etc, and a lack of support in testing.
Priyadarshini Maji evaluates the impact that payment banks are likely to have on your financial life.
'If you go on with your start up ensure that you put all your might behind it.' 'Ensure that you talk to a lot of people and bounce off your ideas before you go out and make a pitch.'
Hedgeloop, Accuracap and other entities are pioneering a growing market and attracting much interest from businesses by using software to make informed decisions in this area
Seven students were made international offers.
Or it could lose you one, says Samali Basu Guha.
'What made him different was that he was not a banker at all by temperament.' 'He was a businessman, a typical lalaji at that.' 'He had to win at any cost.'
Interoperability with other insurance companies - apart from banks, medical centres, among others - would be the eventual goal
Give them up post haste and make a rocking beginning to the New Year.
New offerings by banks are changing the way you transact.
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