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Finance Articles

Finance articles section focuses on various concepts of finance like budget, stock market and economics of various products & services. Apart from these articles on global financial institutions, different banking systems and topics of international importance in the field of finance are present.

Payment Banks- A Revolutionary Change in Indian Banking System November 01, 2015

The Indian Banking System is going through a revolutionary phase with the introduction of payments banks in India with the Reserve Bank of India finalizing the norms and regulations for its implementation in the Indian market. For the first time in the history of banking sector, the RBI has announced a set of differentiated banking licenses for the 11 applicants who have applied for the set-up of payment banks apart from the one commercial category licenses of universal banking. A payment bank is a bank whose banking services have been striped-down from the Universal banks to only use mobile phones for availing its services instead of traditional bank branches.


The MUDRA Bank- Details & Benefits of Funding the Unfunded October 29, 2015

India is a country where nearly 70% people live in villages. These villages along with sub urban areas are home to 5.77 Crore of small business units which provides employment to 12 Crore Indians. The number is huge, and still INCREASING. Considering the importance of the Small And Medium scale Enterprises (SMEs) in the country, government of India (GoI) has announced to set up Micro Units Development Refinance Agency (MUDRA).


Insurance Sector in India- Revenues, Growth & Trends October 27, 2015

India has a large divide in different aspects of life and nowhere is the divide as evident as in the insurance sector. India’s insurance sector is one of the largest in the world in terms of the money involved. Yet, the overall penetration of this sector is pretty low as compared to the developed economies of the world. There are lots of opportunities to improve the insurance penetration in India and the following analysis would help us understand the insurance sector in a better way.


Impact of Chinese Economy on Indian Trade October 24, 2015

There are two brothers in a family. One of them is doing well in his career however; he has fallen sick in recent times and is suffering from low productivity, lower growth rate and other symptoms while the other brother is doing well, as compared to him in current scenario. He has not done something great but he is in a position to take advantage of the situation of his brother. This is the short story of India and China in terms of its economic condition. Since last couple of months we are seeing an economic turmoil in the China that has global impact. Devaluation of Yuan and struggling growth in China also led everyone in the time of economic slowdown where sustainability has become critical for many countries.


Dissecting the 'Interest Rate' Affair October 23, 2015

By now, anyone who has had any connect with the world around them in the last few weeks, has probably heard and seen a lot of action surrounding the whole ‘rate’ scenario. The television channels and the newspapers were abuzz with stories talking about how everyone expects a hike in the fed rates. Closer to home, there were demands that Mr. Raghuram Rajan should cut down on the interest rates, given the current econominc and financial scenario here in India and the world over. While there are no prizes for knowing what an ‘interest rate’ actually is, it’s not so easy to link it to the plethora of financial and economic effects that it has.


The Greek Debt Crisis- History, Causes & Way Forward October 09, 2015

The citadel of knowledge & philosophy of the ancient world, Greece, is now ironically crisis ridden with no obvious easy exits in sights. The past few years since the Euro zone debt crisis surfaced in 2008, it hasn't been easy for the European nations. However, slowly & steadily, the 19 nation economic & currency bloc, the Euro Zone, has crawled out of recession, evidenced by a 0.4% growth in the first quarter of 2015. Greece, though is still reeling under the immense burden of past happenings.


Yuan Devaluation and its Repercussions on Indian Financial Market October 09, 2015

Any person associated with or following the Indian capital markets can clearly see the uncertainty and the turmoil the Indian financial markets is going through. Ask anyone, the reason would in some way or the other will be related to China.