Money Management Planning for Women in India: Empowering Financial Independence

In India, women have made significant strides in various spheres, including education, careers, and entrepreneurship. With increasing financial independence, it becomes crucial for women to focus on effective money management. Having a comprehensive money management plan can help women take charge of their finances, achieve their financial goals, and secure a stable future. This article […]
Read More

Student who took loan from Chinese app commits suicide

A young student named Hiren (Changed name to hide the identity), aged 22, and tragically took his own life by hanging himself in his home in Bengaluru. Hiren, who was studying engineering in Yelahanka, had been subjected to harassment by representatives of a Chinese loan app. Hiren had borrowed money from a loan app called […]
Read More

Digital Evolution in the Banking Industry in India: Shaping the Future of Banking

The banking industry in India has witnessed a significant transformation with the advent of digital technologies. The integration of digital solutions has revolutionized the way banks operate, deliver services, and engage with customers. This article explores the digital evolution in the banking industry in India, highlighting its current state and discussing the future of digitalization […]
Read More

Indian Bank has introduced digital services as part of its ‘Project WAVE’ initiative

Indian Bank has introduced new services as part of its digital transformation initiative called Project WAVE. In collaboration with National E-Governance Services Ltd, the bank has launched an electronic bank guarantee (e-BG) service to simplify traditional paper-based processes. This initiative aims to reduce the turnaround time for issuing and delivering bank guarantees from an industry […]
Read More

Government’s Special Drive Targets Fake GST Registrations to Safeguard Revenue and Ensure System Integrity

The Central Board of Indirect Taxes and Customs (CBIC) is taking steps to address the issue of fake registrations in the Goods and Services Tax (GST) system. CBIC chief Vivek Johri has revealed that biometric authentication is being considered for risky entities to tackle fraudulent activities where PAN and Aadhaar of other individuals are misused […]
Read More

What’s Driving India’s Increase in Credit Card Use? – 10 crore cards expected by the end of 2023

India now has a credit card penetration rate of roughly 5.5%, or 77 million people, of its 1.4 billion populations. Despite the low penetration rate, there is already a market included that is greater than either Malaysia’s or Thailand’s entire population. India’s population of prospective credit card customers will continue to expand as its economy […]
Read More

Indian banks are striving to hands-on QR code

Post-pandemic, the way of transactions has changed a lot. Earlier cash was a dominating factor which is now no more due to cashless transaction facilities. Small vendors to big businesses are having facilities to accept other than cash transactions, and even people are more inclined towards cashless transactions for even smaller purchases.   To facilitate […]
Read More

How to increase the return you receive on your savings account

Recently, Kotak Mahindra Bank introduced its ActivMoney feature, which allows clients to benefit from interest rates similar to fixed deposits (FDs) of up to 7% annually and the flexibility to access their money whenever they want from the connected savings account. Many other banks, including Axis Bank, HDFC Bank, ICICI Bank, and IndusInd Bank, provide […]
Read More

Talk To Us & We’ll Talk To You!