Central bank digital currency (CBDC) is conceived to counter Bitcoin. About 105 countries (95% of global GDP) actively pursue CBDC’s. India is launching the pilot for retail CBDC on December
Tag: Financial Management
You’re on the RadarYou’re on the Radar
The Reserve Bank of India (RBI) has partnered with the Bangalore based Open Financial Technologies, a neo-banking company to deploy block chain technology for smoother payments across borders. Though this
Bajaj Finance Surpasses SBI in Market CapBajaj Finance Surpasses SBI in Market Cap
On 24th August 2021, the shares of Bajaj Finance [1] traded 3.40 % higher at ₹ 6,983.35 a share on BSE, taking its market cap to ₹ 4.22 lakh crore, surpassing
Cryptocurrency Wallets: The Digital SafeCryptocurrency Wallets: The Digital Safe
The global cryptocurrency market size was estimated at USD1.49 billion in 2020. The markets is poised to grow at a CAGR of 12.8% between 2021 and 2030. India has a
Bad Bank: Turning Bad to GoodBad Bank: Turning Bad to Good
Introduction Bad debt is a global bane for the lending sector. The pandemic stress in 2020 and 2021 has added to the woes. Money lent by a bank needs to