Non-Banking Financial Companies (NBFC) in India – Things to Know!

The banks and financial institutes across the globe are primarily responsible to serve a variety of financial operations including deposits and loans. In today’s scenario, financing companies other than banks have also been emerging in the business to serve people’s growing needs and demands in the digital age. Non-Banking Financial Companies (NBFC) are one of…

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How Business Intelligence is transforming Banking?

The banking industry has been expanding in its capabilities owing to the digitization and the pace at which it is being embraced in recent years. Moreover, it is becoming competitive like never before, thereby empowering the modern banking customers. For over a decade since the economic crisis hit the world, banks have been under constant…

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The Need for Customer Analytics in Banking Today!

Analytics is a technology that helps all industries, including banking and finance, to support data-driven decisions i.e. to use the power of factual data for effective decision making. They act as a catalyst to support business acumen, particularly in the world of banking, for the industry has the richest amount of customer data. Also, banks…

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Financial inclusion and BC Model in India – Progress So Far

Financial inclusion (FI) in India was introduced in the year 2005 by RBI, highlighting its importance and role in the Annual Policy Statement. The concept of this model was to reach out to the under-banked and unbanked population in India while serving them with the basic amenities in banking. Considering a major population that remains…

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