10 Advantages of Mobile Banking that Banks Cannot Overlook

Financial institutions are well aware of innovations in financial sector and how it has revolutionised banking practises today. In an effort to reach up to customer’s rising expectations, banks must adapt to the latest innovations. One of the biggest outliers in FinTech sector is mobile banking solutions which are taking over the banking world. The…

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Loan defaults and NPA account settlements

In an effort to fulfil their aspirations and desires, people tend to take loans to buy a house, car etc. But for some, repaying these loans often becomes an uphill task. Non-repayment of loans certainly results in consequences for borrowers, more so, it affects the banks’ profitability in an adverse way. While it becomes a…

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Cryptocurrency – The New-Age Digital Currency

Cryptocurrency, Bitcoin and Blockchain are the biggest buzzwords of the year 2017. While people identify cryptocurrency as some form of digital money, most do not really understand the concept in its entirety. To add to the misery, any web search of these words only lands us in an ocean of confusion with cryptic terminologies and…

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The Advent of Online Banking in Cooperative Banks

The cooperative sector has been devoid of many privileges and is always under the scrutiny of Reserve Bank of India (RBI). The reasons for this severity are their inadequate lending practices, rising NPA levels, political funding behind their operations and more. As technology has been evolving and contributing to the developments in banking, cooperative banks…

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