Finschool By 5paisa

India To Witness New Alliances

India To Witness New Alliances

Lenders Join Hands With Fintechs For Expanding Business Banks have become serious about how they collaborate with fintech companies and derive the maximum value out of these partnerships. Acquiring a stake in the new-age companies is one way of doing it and banks are looking to go big on this. What Are Banks And Fintechs … Read more

NBFCs To Get Equally Treated As Banks Under Prompt Corrective Action By RBI

NBFCs To Get Equally Treated As Banks Under Prompt Corrective Action By RBI

The Reserve Bank of India (RBI) has introduced Prompt Corrective Action for NBFC’s as a punitive action against the lenders in case their capital adequacy ratio falls or Non Performing Assets (NPA’s) rise above certain threshold limits. But Before We Begin Concepts To Know Prompt Corrective Action Prompt Corrective Action or PCA is a framework under which … Read more

Why Rupee’s Fall To 20-Month Low Should Not Worry You

Why Rupee's Fall To 20-Month Low Should Not Worry You

Currency fluctuations are a natural outcome of floating exchange rates, which is the norm for most major economies. A currency’s exchange rate is typically determined by the strength or weakness of the underlying economy. As such, a currency’s value can fluctuate from one moment to the next. Currency Depreciation is the loss of value of a country’s currency with … Read more

RBI Retail Direct Scheme- A Significant Milestone In Government Securities Market

RBI retail

The Reserve Bank announced the activation of the RBI Retail Direct Scheme with effect from 12TH November 2021. The Scheme was launched through virtual mode by the Hon’ble Prime Minister, Shri Narendra Modi. A Government Security (G-Sec) is a tradable instrument issued by the Central Government or the State Government. It acknowledges the Government’s debt … Read more

Digital Banks – A New Era Rebooting Banks

digital banks

The word Digital has become habitual in todays world as it is part of our everyday life. Technology has brought transition in such a massive way that from a generation where each and everything was done manually has changed to just clicks . This transformation has come in various stages and it has impacted human … Read more

What Are Cross Border Payments And How It Is Getting Revolutionised?

cross border payments

Modern technology continues to advance at astonishing speeds, and recent years have given us plenty of remarkable developments in the fintech sector in particular. Improvements were long overdue, and thanks to rapid modernisation within the industry, customers are now enjoying a far better experience. However, we’re only at the beginning of the cross-border payment revolution. … Read more

What are Account Aggregators?

account aggregator network

Account aggregator is a data empowerment platform, which is expected to revolutionise credit, insurance and investment by making it a lot more effective and efficient reducing information asymmetry. Similar to game changing payment platform UPI, account aggregator will be the cutting edge digital financial infrastructure in the world bringing about structural shift in financial data … Read more