Banking Regulations

Draft Guidelines for On Tap Licensing of Small Finance Banks in India - Time to get ready

05 Oct 2019

Reserve Bank of India has shared draft guidelines for "On Tap" Licensing of Small Finance Banks in the Private Sector on 13th Sept 2019. As of now, SFB appears to be the only way to become a bank in the country as RBI is no longer issuing Payment Bank License as well as Universal Bank License. As per the current understanding, only succe...

Innovation in Financial Services

Why legacy businesses find it difficult to derive value from digital?

07 Nov 2018

Fintechs have shown the path of digital innovations across payments, lending, wealth, insurance etc. As their business model is almost 100% focused on digital innovations (even if overall business may be pure digital or phy-gital), they are able to leverage the innovations to create top line as well as bottomline (may be bleeding initially). Legac...

Fintech

Lending Fintechs : Aadhaar KYC challenges, Privacy issues and Tight Liquidity : What next?

14 Oct 2018

In last one year, massive amount of funding has been provided to Lending Fintechs in India across Retail and SME segments. I believe more than 100 new fintechs would have started in last 12 months in these segments. In addition, Leading Payment Fintechs have also moved their business model to lending as there is not enough revenue in Payment busin...

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Fintech innovation and startups

Fintech without Tech?

20 Aug 2017

Everyday I meet enthusiastic Fintech entrepreneurs, who have started their Fintech Businesses focused on lending, wealth management, payments etc. Most of these entrepreneurs have business background like sales / marketing / product. In their hurry to launch the business, typically they start without Tech... Few suggestions to improve the possibil...

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