A Brief on Core Banking Solutions

The Banking industry has been growing by leaps and bounds with each passing day. Over the past decade, it has transformed tremendously and the services offered cater to many demands over and above merely disbursing loans and collecting deposits. Today, the entire gamut of banking products and services are managed collectively through Core Banking. But,…

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Steps to Control the Root Cause of NPA in Banks

The rising levels of NPA in Indian banks have become an alarming concern. The question that raises is – Who is to blame for the situation? Banks? Banks are alleged to be the primary reason for the mounting number of bad loans. Whether it is about the poor lending practices or the coercive measures adopted…

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Digital Banking Trends to Watch for in 2018

The banking industry has been experiencing major shifts when it comes to technology and financial analysts have been continually debating over the most promising upcoming trends in banking. Emerging technologies like Artificial Intelligence, IoT and others are redefining how banks provide services to their customers. Let us identify a few latest trends in the banking…

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NBFCs and their role in Economic Development

Non-banking financial companies (NBFC) are companies registered under the Companies Act, 1956. They are responsible for providing financial services but are not regulated by a national or international governing body and do not hold a full-fledged license for conducting operations. The financial services offered by NBFCs include disbursement of loans and advances, acquisition of stocks,…

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