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finance

Free is Poison - Anything free is the most expensive

Free is Poison – Anything free is the most expensive

Whatever is free is squandered. When water is free, it’s wasted. When electricity is free, there’s no motivation to use it wisely. The same holds true for money. If money is free in the hands of politicians/bankers, there is no motivation to invest it wisely.

Walls to Firewalls - The Future of Banking

Walls to Firewalls – The Future of Banking

Fintech start-up Bharat Pe has been rewarded with a banking license. It raises a lot of questions. What is the ‘future’ bank going to look like? Will the physical walls crumble and give way to firewalls? Dr. KS Ranjani and Dr. Anjali Chopra conducted qualitative research with both customers of digital banking services and financial service providers to understand the drivers of the depth of digital banking adoption.

Micro Finance Institutions

Level playing field for MFIs in the offing

The role and significance of the Non-Banking Financial Company – Micro Finance Institutions (NBFC-MFIs) has been increasing over time. As of the end of September

High Time to Bury the Legacy

High Time to Bury the Legacy

Whether against Vodafone or Cairn, the cost in terms of time and spoiled investment ambiance for the nation is much above any rewards to the exchequer. The government’s intention of imposing the sovereign right to tax will create tremendous confusion or misperception and adversely affect the investment atmosphere. For a nation famished of private investment in infrastructure, this is self-defeating policymaking. The NDA government would have scrapped the remorseful provisions of the Income-tax in its first Budget itself.