Experts say the trend is worrying as it could take a toll on the pace of equity flows and also hinder the penetration drive of the Rs 24-trillion MF industry.
The two sides held discussions on enhancing investment in technology, renewable energy and food security.
Founded in 2015, Meesho is one of the country's fastest growing social commerce platforms, and provides small and independent entrepreneurs with products and tools to start, maintain, and grow their businesses. Facebook's interest in the digital commerce follows Reliance Industries' entry into the hybrid e-commerce ecosystem.
Enthused by India's financial inclusion drive, US-based Accion, one of the biggest micro finance organisations in the world, has renewed its focus in India. Michael Schlein, bottom, left, chief executive officer of Accicon, tells Namrata Acharya in an email interview the Wall Street and Silicon Valley are eager to participate in opportunities presented by the issuance of the small finance and payment bank licences, the expanded banking correspondent opportunities, and the Jan-Dhan Yojna.
Think organic food, affordable homes, artificial intelligence, suggests Prof Manmeet Barve.
One of the mistakes most homemakers make while thinking about financial planning is looking at immediate goals, says Amar Pandit.
With real estate valuations falling and other deals coming unstuck, the current management's improved target faces significant challenges.
Mastercard is keen on being known not as a payments player but a technology company.
India-Maldives ties came under strain under Yameen who was perceived to be close to China.
It was widely expected that this time around, the government would be less likely to initiate fresh reforms and rather loosen its belt a little to give various segments of the economy, especially the multitudes that truly constitute India, something to smile about, says Sudip Bandyopadhyay.
In the worst-case scenario, it will be next to impossible for tech companies like Amazon and Google to run any service that requires user biometrics.
This rainy season, don't just prepare for storms but also make your finances rain-proof, says Amar Pandit.
The RBI has been repeatedly cautioning everyone about the usage of cryptocurrencies, flagging a slew of concerns.
These games of skill with a large social component have managed the transition to a new online avatar.
Consider factors like time, risk profile, return requirements, expenses, liquidity needs, etc. Make sure to have insurance and opt for a term plan, says Amar Pandit.
Top officials in key ministries, including finance and IT, are of the opinion that a sensitive payments system such as UPI should not be on a platform whose security is possibly compromised.
Paytm plans to launch mutual funds, insurance and banking services and s also providing the option to transact offline with a physical debit card
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.
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.
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.
Young professionals who lost their jobs tell Rediff.com's Divya Nair how they reclaimed their lives.
Those who have been handed the pink slip shouldn't make too many loan queries, advises Raj Khosla.
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.
If you are serious about your future, here are some MBA programmes and short courses you can consider, advises Arun Jagannathan is co-founder and CEO, CrackVerbal.
Tamal Bandyopadhyay details HDFC Bank's digital journey.
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.
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.
In 5 years, prices for keywords on Google's AdWords platform have gone up three to five times. Alnoor Peermohamed reports.
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Banking as we know it will stand on its head in the next 10 years.
Want a stress free vacation? Amar Pandit tells you what you need to keep in mind.
Physical KYC takes anywhere between two to five working days to get done, V-KYC, only a few minutes.
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.
You can get a lumpsum sanctioned, but you may draw only part of it and pay interest on the amount used.
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
