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Latest Articles in banking

PayNearby Ties Up With Centrum Microcredit To Facilitate Unsecured Business Loans To Retailers

As part of the tie-up, loan requirements will be sourced through PayNearby’s vast network of retailers and will be disbursed by Centrum Microcredit Limited.

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Private Lender Yes Bank Explores Bid For Citi’s Indian Retail Assets

Over the last year, many efforts have been made to rebuild the bank in the times of Covid. The bank has reported a 60% growth in corporate term deposits, 33% growth in retail, and 50% growth in current accounts and savings accounts in FY 2020-21. The bank is expecting 15% credit growth in 2021-22.

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TAPMI Achieves 100% Internship Placement For The Batch Of 2020-22

“The internship placements were held online and 537 students from PGDM (Core), PGDM (BKFS), PGDM (HR), PGDM (MKT) were placed successfully. The strong performance is a testimony of TAPMI’s industry-relevant curriculum."- Director TAPMI

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'Two-Wheeler EV Segment Is Undoubtedly Growing' Anmol Bohre, Co-Founder, Enigma Automobiles

Acting as a catalyst in our tryst for such eco-friendly vehicle options was the fact that we hail from an economically-weaker state.

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Homegrown Global Gamification Platform, Hunter Games Raises Undisclosed Angel Funding

Hunter Games has emerged as a leader in Gamification and works with leading Enterprise segments of Telcos, Payments, BFSI, OTT and Education, etc.

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Aquaconnect Partners With Bank of Baroda- Provides Loan Access to 15,00,000+ Fish Farmers & 150,000 Shrimp Farmers

The Aquaconnect-Bank of Baroda partnership aims to make the loan application system hassle-free for aquaculture farmers.

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How data and AI utilisation is not the same in banking after Covid-19

This opportunity will push the Banking sectors to come up with next gen tools and technology in the form of data analytics and AI. It’s one of the most important factors in the field of banking technologies.

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LoanTap Financial Technologies Announces No Penal Interest On Yes Bank Customers

LoanTap Financial Technologies declares no penal interest on customers whose repayment is delayed due to moratorium on Yes Bank

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Fintech And Its Challenges

Fintech is a new trend in the market disrupting the financial services industry and making conventional leaders lose their sleep

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Is Intelligent Banking A Far Cry For India?

India has experienced its first virtual and intelligent banking product-Digibank from DBS. The product is expected to have 5 million customer base by 2021. Payment banks are also expected to take the technology route to build large distribution networks. But, the standalone business model for payment banks is still exposed to challenges. RBI is currently not granting licenses similar to virtual banking licenses being issued in Hong Kong and the UK.

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