As numerous as 60% of employees are certain that on the off chance that they quit their place of employment, they could begin a business quickly without any preparation. This was a critical finding of new exploration by Invoice2go. The survey asked 2,500 people – including 500 small business owners – their thoughts on … Read More →
II. Mode of exercise of powers of RBI. The petitioners argued that there was no application of mind by RBI on the effective ban and that the invocation by RBI, of public interest as a weapon was a colourable exercise of power. The court referred to various steps taken by RBI with regards to VC’s … Read More →
The 16th Lok Sabha ended its final session last week. Elections for the 17th Lok Sabha will probably be announced in early March and will span the months of April and May. The political buzz is all about vote shares, seats, coalitions and on who will be prime minister. There is no attention being paid … Read More →
The words Blockchain and ICO might go together like sausage and mash but there’s a good reason, it generated nearly $8 billion in funds raised in 2018. Impressive but still only a tiny fraction of the global crowdfunding industry and already this year we’re seeing a sharp decline. Whereas in the traditional crowdfunding arena the … Read More →
JPMorgan Chase & Co. is turning to crypto to modernize one of its most central businesses. The biggest US bank said it developed a prototype digital coin that it plans to use to speed up payments between corporate customers, according to a statement Thursday. The token, dubbed JPM Coin, is based on blockchain technology, a … Read More →
Para banks would face tighter liquidity, higher funding costs and consequently lower net interest margins (NIMs) in FY20 as they overhaul their balance sheets toward longer-term borrowings, IndiaRatings & Research said in its outlook report on Tuesday. The Fitch-owned rating company expects wholesale financing NBFCs, especially those lending to real estate, micro and small enterprises … Read More →
The woes of non-banking finance companies (NBFCs) are not over yet. Margin pressure, tepid growth, reduced liquidity buffers and delinquencies in select segments will continue to bother NBFCs in FY20 as well. NBFCs may face margin pressure in FY20 due to a rise in funding cost and a decline in growth rates, leading to … Read More →
The blockchain will become mainstream in 2019, and there is a lot happening in the industry to arrive at this conclusion. But to understand why this will occur, it is necessary to understand how we got here, 10 years after Satoshi Nakamoto (whoever that is) gave us this technology. Blockchain Technology: The Journey So Far … Read More →
How does Blockchain Technology work and how it is evolving in India Blockchain is an advancement of overall Technology from centralised system to progressively distributed structure. The real necessity for Blockchain rises when buyer are dispersed and the ecosystem is to be worked with trust and affiliation. Financial related organizations, where there is a need … Read More →
The Reserve Bank of India has advised non-bank lenders to adjust to the current state of liquidity even as the sector lobbies for bank loans at easier terms for lending to the small and medium enterprises sector which is known for creating jobs. RBI Governor Shaktikanta Das held discussions with leaders from the NBFC sector … Read More →