Banks need to look at ingenuous ways of growing AUMs – draw up enabling credit lines for cash flow mismatches for existing low leveraged customers. Banks would be less adventurous with new connections, where visibility of corona impact would be limited. Asset strategies would evolve with time. Sumit Kakkar evaluates the evolving asset strategies for banks
Some crossroads our clients encounter while setting up distribution/origination models: Do we set up a new SME vertical or leverage Branch resources? Is third party agents a good idea? To what depth in the market should we penetrate? Should we segregate the Sales and Relationship functions? The answers lie hidden…
Lending business can be summed up in two sentences: I (customer) need money. You (Bank) give money and charge interest. But lending isn’t so simplistic! Consider the permutations- ‘I need money now, but you will give after 4 weeks.’ ‘You are reluctant but may give loan with 110% security. I…
Payment Services Directives (PSD) in Europe aim to strengthen payment system and reduce the entry barriers for Fintechs. This approach has lessons for India to learn. Amit Balooni shares the best practices that India can adopt
