Tag: Financial services
9 Results
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Gender and Finance
One of the most promising ways to close the stubbornly persisting gender divide is technology. For low-income women, digital financial inclusion offers an opportunity to upend entrenched gender inequalities. Financial services delivered via mobile phone can bridge the last-mile gap, bringing financial tools and services directly to women where they work and live
April 12, 2021 -
Agents of Finance
The grassroots level agents have a comparative advantage in serving rural households because they possess better knowledge and a keener understanding of local-level political and economic dynamics and market actors which fundamentally mediate developmental outcomes. On account of this, they are effectively placed to reduce several participation barriers
March 30, 2021 -
Bank in your pocket
Governments will have to close the digital divide to reap the benefits of digital financial services. This means finding the right balance between enabling financial innovation and addressing several risks
March 12, 2021 -
The digital way
The pandemic shows that the trend towards greater digitalization of financial services is here to stay. Governments must close the digital divide to reap the benefits of digital financial services
February 22, 2021 -
Banks, financial services attract bulk of FPI inflow in Nov
This trend is the likely to continue at least in the near term according to analysts, with high liquidity in the market post the measures announced by governments and central banks globally.
November 25, 2020 -
Expanding avenues
With the steady growth of wealth management firms, investment banking has always been the mainstream choice as a profession for youngsters.
July 27, 2018 -
PNB shares plunge 14% after Q4 loss, Jefferies suggests bailout
Shares of multi-crore fraud hit Punjab National Bank (PNB) slumped around 14 per cent (intra-day) on Wednesday, a day after the bank reported a loss of over Rs 13,000 crore for the fourth quarter of 2017-18. Looking at the bank’s Q4 earnings, financial services company Jeferries said in a report that “the need for a …
Continue reading "PNB shares plunge 14% after Q4 loss, Jefferies suggests bailout"
May 16, 2018 -
Cabinet approves Rs 2.11 lakh crore recapitilisation for public sector banks
In a major bid to boost flagging economic growth and increase bank credit flow, the Union Cabinet on Tuesday accorded approval for a massive recapitalisation plan for state-run banks worth Rs 2.11 lakh crore. Of this amount, a sum of Rs 1.55 lakh crore will be raised through recapitalisation bonds, Financial Services Secretary Rajiv Kumar …
Continue reading "Cabinet approves Rs 2.11 lakh crore recapitilisation for public sector banks"
October 24, 2017 -
Boon for placements
Demonetisation has brought windfalls for certain industry sectors like e-commerce, banking and financial services, and technology consulting. These segments have received a shot in the arm and hence are expected to grow and intensify recruitments from B-schools. The year did not start on a positive note for industries that planned to recruit from MBA campuses. …
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December 16, 2016