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Posted on: April 20, 2022
The Reserve Bank of India has recently released digital banking units (DBU) establishment norms. This comes after the finance minister announced the objective of establishing 75 DBUs in 75 districts to observe 75 years of independence of the nation. In
Learn MorePosted on: April 20, 2022
OCEN, which has been in the news for a long time, has been called the next big thing in lending. The main goal of OCEN, which is pronounced O-Ken, is to put in place a set of frameworks and rules
Learn MorePosted on: April 20, 2022
Financial services in India are seeing unprecedented unbundling of products and services. Historically, financial institutions such as banks were in charge of the full lending value chain, including acquisition, appraisal, and capital. Throughout the lifecycle of a loan, borrowing was
Learn MorePosted on: February 28, 2022
There was contempt regarding the digital lending rules and regulations that can cause constriction over the digit lending process. The parliament passed the digital lending laws. The central bank has been dealing with the consequences of the regulations of the
Learn MorePosted on: February 28, 2022
Owing to Covid-19, the past few years have been quite turbulent for many businesses. Companies witnessed the collapse of traditional business and work models because of the pandemic; the rapidly transforming technology; and the new fast-growing, technology-driven startups. The following
Learn MorePosted on: February 28, 2022
Previously, the safest place for anyone to keep their assets in India was by wearing it. It is said that jewelry was found to be safer around your neck rather than in a cupboard of your house. The trust factor
Learn MorePosted on: February 28, 2022
Nowadays, phones play an essential role in our lives. When not having identity cards with us, we show our virtual cards or fire up Facebook, LinkedIn, or online banking apps. It acts as a massive part of our lives. Surviving
Learn MorePosted on: February 28, 2022
The advent of Covid-19 has made us all realize how significant digital transformation is. It has altered the needs of everyone, customers and institutions alike. Those who were disagreeable once are now using mobile banking apps as their key source
Learn MorePosted on: January 12, 2022
Over the last decade, Indians witnessed several notable changes in every sector. Digitization of almost all the sectors was happening pretty fast and the pandemic kind of boosted that process a lot more. From buying groceries to shopping for festivals,
Learn MorePosted on: October 25, 2021
PayPal was one of the greatest winners during the pandemic, as more people used digital payments to avoid physical contacts, such as using plastic cards and cash. PayPal claimed in its most recent investor meeting that the company’s rapid expansion
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