How Payment Banks Are A Failed Experiment In Financial Inclusion In India
The primary aim behind payment banks was to cater to the underbanked population but the model faced stiff competition from various other financial products, especially UPI.
Signs Of Exhaustion In Indian Markets
The markets are likely to respond to a combination of factors including of course the stress in the middle segment comprising small caps and mid caps, which is currently negative.
IIFL, Paytm Crackdowns Show RBI Wants To Nip Misgovernance In The Bud
IIFL Finance was reportedly sanctioning loans without fully checking the purity of the gold that was being offered as collateral.
RBI Holds Interest Rates Again
The Reserve Bank held interest rates and left them unchanged for the sixth consecutive time as it seemed to take a larger call on growth being strong to support the current levels of 6.5% being the repo or repurchase rate
Why The West Hasn't Yet Adopted A UPI-Like Payment System
The essential nature of payments is very different in the West and a UPI-based payment does not work in their context.
Why Paytm's Governance Troubles Don't Make It An Attractive Acquisition Target
A comprehensive system audit report, coupled with a subsequent compliance validation report by external auditors, brought to light persistent non-compliance issues.






