Simply put, credit rating indicates a business’s creditworthiness. For a lender, a higher credit rating implies no default repays and for an investor, it bespeaks safer investment. Credit rate often
Tag: Financial Services
Old Wine, Smart BottleOld Wine, Smart Bottle
Remember? When did your friend reach out last to you for a friendly loan? It was not that he/she was moneyless, but lacked instant liquidity for some reason. Such hand
The Secret is Out!!!The Secret is Out!!!
Crypto means secret. It is said that the crypto currency was conceived as a peer-to-peer electronic cash system i (Secretive within a defined circle?) Here the validation doesn’t happen by
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
BNPL – A Fintech Innovation With Reach-outBNPL – A Fintech Innovation With Reach-out
According to Global Data’s e-commerce analytics (1), e-commerce payments in India grew by 12.2% in 2020 and is estimated to register a growth of 16.8% to reach ₹4.5 trillion ($61.5bn) in
The sovereignty of Data and the MastercardThe sovereignty of Data and the Mastercard
Introduction “The world’s most valuable resource is no longer oil, but data,” published ‘The Economist [1]’on May 6, 2017. The five corporate titans—Alphabet (Google’s parent company), Amazon, Apple, Facebook, and Microsoft
Is HDB Financial Services A Burden to HDFC Bank or Burdened by It?Is HDB Financial Services A Burden to HDFC Bank or Burdened by It?
Introduction Even though the net income for the quarter ended June 30, 2021 (Q1FY22) was almost flat at ₹ 1,655.8 crore compared to ₹ 1,609.7 crore for the quarter ended
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