NPA’s have been a problem for the banking and finance industry since time immemorial. Banks and financial institutions will go to any length in order to reduce these non-performing assets. Moreover, in the recent times as the leverage of the companies increased, NPAs have...

In February 2017, it was announced that 2 banks and 3 money transfer companies from 4 countries (India, Singapore, Brazil and Canada) will use the Ripple platform to make real-time international payments. Coinone, a South Korean -based cryptocurrency exchange, has recently announced that it will use Ripple’s blockchain network to...

Recently, there has been a mobility and a sudden increase in the volume of cryptocurrency trading in India.  Despite the decision of the Indian Central Bank (RBI) in April 2018 to ban cryptocurrencies, the rise continues to take place. Cryptocurrency holders believe the market will continue to...

Recently, the central government of India announced that it will be setting up a proper committee for the Fintech sector. The committee will be headed by Subhash Chandra Garg, Secretary of Department of Economic Affairs. The aim of the committee will help the Fintech...

On April 5, Bank of India ( RBI ) issued a warning to all banking and financial institutions in the country to cut off their dealings with Cryptocurrency-related companies. In the face of this incident, the crypto market in India was dragged into a panic, causing the crypto investors in the country to enter an...

The top executive of Reserve Bank said the main focus of their new fintech unit is not high frequency trading but rather to ensure there is a "cohesive view" on fintech. Reserve Bank deputy governor Francois Groepe explained that in the medium to long-term we...