Banking & Finance

By Praveen Raman
In Banking & Finance
Sep 14th, 2015
0 Comments
1171 Views
NPAs are fast becoming a nightmare for banking sector NPA OR the non-performing asset of a bank is defined as a credit facility in respect of which the interest and/or installment of principal has remained ‘past due’ for a specified period of time. To put it simply, an asset is tagged as nonperforming when it ceases to generate income for the lender. Banks are technica...
By Ramesh Raja
In Banking & Finance
Sep 14th, 2015
0 Comments
966 Views
Payments banks could redically alter basic banking at grassroot level VERY SOON, the nearest general store to your house or office might become a one-stop shop for depositing and withdrawing money. Thanks to the Reserve Bank of India for allowing in principle 11 entities to start payment banks; so much so that basic banking services will soon be offered even in unbanke...
By Anand Mishra
In Banking & Finance
Sep 14th, 2015
0 Comments
1125 Views
Banks need to alter there business models in wake of disruptive technologies, changing customer requirements and evolving operating environment For Kaushik Kumar, the last couple of years have been unlike the previous decade or so. Working in a semi urban branch in Bihar as a Branch Manager of one of the largest banks of the country, he is facing a dilemma. On one hand...