Last week, I got this mail from my bank: Dear customer, XXXX Bank is delighted to invite you to participate in the pilot of digital…
Month: August 2023
Good Fun For Banks, But For How Long?
The combined net profits of 32 listed private and public sector banks (PSBs) were up 40.56 per cent in FY23 to close to Rs2.29 trillion…
The Death Of A Defaulter
The chairman and a few senior executives of a non-banking financial company (NBFC) moved the Bombay High Court last week, seeking to quash a first…
Expect Status Quo, Both For Rate And Stance Of The RBI Policy
Continuing its fight against rising inflation, the US Federal Reserve in the last week of July raised interest rates to a 22-year high. It raised…