FINTECH COURSES
Indian financial services sector is experiencing a significant upswing: Inventure Growth & Securities’ Kanji B Rita
India's financial services sector is poised for sustained growth. By leveraging the demographic advantage, embracing technological advancements, and prioritizing financial inclusion, a robust and inclusive financial ecosystem can be built, says Inventure Growth’s Kanji B Rita.
Are FIIs getting into a big buy mode in India? Dipan Mehta answers
On days of positive FII flows largecap stocks will do exceptionally well because those are the ones that they really are targeting and if FII buying, even FII selling, stops in some of the largecap index stocks, local money will ensure that the stock prices move up, says Dipan Mehta
Fintech future forward: How this longest-running IIM Calcutta programme is preparing industry leaders to navigate the next wave of financial technology
IIM Calcutta's AMPFFB Programme prepares fintech professionals for industry leadership through strategic skills and digital transformation knowledge. With a focus on innovation and excellence, graduates become visionary fintech leaders in the evolving finance landscape.
Biz, trade caught between cyber cops & banks
Restaurants, retailers, small traders, companies face frozen funds due to cybercrimes. Urging action from finance ministry, LEAs, police. I4C initiative tackles cybercrimes. Banks, LEAs face frozen funds challenges.
BharatPe launches all-in-one payment device BharatPe One
Indian fintech firm BharatPe has launched BharatPe One, an all-in-one payment product that integrates a point of sale (POS), QR code, and speaker into one device. The product will be launched in 100 cities in the first phase and 450 cities over the next six months. BharatPe One offers versatile payment options, including QR code, tap-and-pay, and traditional card payment.
Rahul Jain on what NPCI approval will mean for Paytm users & shareholders
Rahul Jain discusses the implications of NPCI approval for Paytm, emphasizing the positive changes for shareholders and users. With new partnerships in place, the company is poised for growth and stock recovery in the coming quarters. Jain further says Paytm is back by three to four quarters in terms of whatever business they used to do.
- Go To Page 1
Consumer durables will probably lag overall market; play realty via HFCs: Anand Tandon
Anand Tandon advises investing in housing finance companies and the life insurance sector. He cautions about the froth in smallcap, midcap space and the regulation issues in the fintech space. Paytm's profitability may improve. US commercial real estate prices have collapsed. China's real estate market faces debt issues. There can be individual onsumer goods stocks which one can look at, but broadly, this sector will probably lag the overall market
Vijay Shekhar Sharma exits Paytm Bank board; FM meets startup, fintech CEOs
Vijay Shekhar Sharma is stepping down as part-time non-executive chairman and board member at Paytm Payments Bank as part of a restructuring. This and more in today’s ETtech Morning Dispatch.
Mubadala leads Rs 1100 crore funding round in Avanse
Avanse is the second largest domestic private sector NBFC in the education loan segment with assets under management (AUM) of Rs 8,646 crore in FY23. The firm's total disbursement in FY23 stood at Rs 6,143 crore, a 2.1x increase over the previous financial year. The company has disbursed loans to over 3.5 lakh students and provided working capital to 1200 institutions.
HDFC Bank, ICICI Bank are screaming buys at current prices: Nischal Maheshwari
Nischal Maheshwari, CEO of Centrum Broking, recommends green-oriented companies like Tata Power and NTPC in the metals and coal sectors. He suggests focusing on pharma companies like Sun Pharma and the hospital sector for investment opportunities. We are are strongly betting on goal-oriented companies. The power equipment companies have run much ahead of its course. We would recommend taking profits in BHEL kind of companies.
RBI's resounding message to fintechs: Quick and easy but with KYC
The RBI' action has triggered debates over innovation in the fintech sector, the quantum of punishment to Paytm, the style of regulation and, of course, the KYC norms, which is the nub of the Paytm issue.
Tech extra care for compliance
RBI's crackdown on Paytm Payments Bank underscores the need for robust compliance. The surge in demand for legal and compliance experts reflects this trend. Automation can streamline compliance processes, particularly in areas like data privacy, AML/KYC, cybersecurity, contract management, environmental health & safety, policy management, and regulatory reporting. Leveraging AI, ML, RPA, APIs, automatic evidence attachment, and blockchain technology can enhance efficiency and accuracy in compliance efforts.
Paytm crisis: Read our top stories on RBI action and its implications on fintech ecosystem
The Reserve Bank of India (RBI) directed Paytm Payments Bank to stop banking services due to violations, including money laundering and KYC breaches. Paytm is in talks with other banks for migrating payments and settlements. Paytm founder assures users that the app will continue operating. The RBI's actions have wider implications for the fintech industry. Brokerage firms are skeptical about Paytm's future due to regulatory concerns.
Yashish Dahiya on 3 factors will lead to higher profitability for PB Fintech looking ahead
Yashish Dahiya of PB Fintech, discusses the contribution margin and EBITDA margin of the business. He highlights the significance of renewals and the higher margin they bring compared to fresh business. Dahiya also mentions the impact of ESOPs and the company's strategic focus on expanding services and controlling more of the value chain. He mentions investments in Visit Health and the company's plans for account aggregation, payment aggregation, and reinsurance brokerage.
Startups talk up funding winter, but loosen their purse strings
During the ongoing funding winter, several internet majors such as Paytm, Policybazaar parent PB Fintech, Flipkart failedd to control expenses in FY23. Horizontal omnichannel retailers such as Nykaa, Mamaearth parent Honasa Consumer and FirstCry also saw both employee expenses and marketing costs rise anywhere between 23% to 55% during FY23.
Use weakness in metal to add 2 stocks; go contra in chemicals: Sanjiv Bhasin
Sanjiv Bhasin says: “Tata Steel and NALCO are both in our portfolio from, of course, much lower levels. If we want to play both the aluminium and the steel cycle, it has to be Tata Steel. Tata Steel has consolidated for over three years after that one-off move to 150 or maybe and now it is looking set to cross that 150-175 mark. Add Tata Steel and NALCO on declines.”
US fintechs push into fixed-income trading as retail investor interest grows
Online brokerage Public, wealth management platform Wealthfront and fintech software company Apex Fintech Solutions are among the firms launching new products that aim to make it easier and more affordable for individual investors to gain exposure to fixed-income products like Treasuries and corporate bonds
Why Nitin Aggarwal is bullish on Paytm, recommends buy on dips
“From a short term perspective, yes, there remains a lot of iuncertainty and which is why the Paytm stock has reacted in such a volatile way and one can only wait for things to normalise over the medium term, which is where we have maintained our buy on the stock.”
The future of finance: Fintech programmes creating leaders for future
A look at how Fintech is defining the financial leaders of tomorrow by combining innovation and education to create a new generation capable of navigating the constantly evolving financial landscape.
Razorpay offers ‘returnship’ for women on career break
“To start with, we have opened this up for various roles in our engineering team. While training them on the job, during the course of this programme we help upskill them using learning and development programmes to bridge the gap in terms of what they missed out on,” Chitbhanu Nagri, Razorpay’s senior vice-president for people operations, told ET.
Fintech infra players see investor interest; midcap IT firms outdo larger peers
New-age fintech infra companies are gaining the spotlight as the venture industry seeks out more predictable business models in a fraught market. This and more in today’s ETtech Morning Dispatch.
Groyyo investors tap Deloitte; new-age firms hired more in FY23
Big4 company Deloitte has been mandated by the investors of Groyyo — Tiger Global and Alpha Wave Global — to ‘work with’ the startup and take a closer look at its trading business. This and more in today’s ETtech Morning Dispatch.
Liquor companies can grow 15 to 20% in next 5-10 years: Nilesh Shah
So over the years, one has learned that downside protection or downside risks are also there. But you also have the risk of exiting a position too early just because it has done very well in recent times.
Zepto CEO's big sales target; sustainable ventures in focus for public markets at ET Startup Awards 2023
India's newest unicorn Zepto has set its sights on an ambitious sales target, CEO Aadit Palicha said during The Economic Times Startup Awards 2023 (ETSA).
ETSA panel discussion: Focus needed on building new ventures sustainably for public markets
Prashanth Prakash, partner at Accel India, said India’s public markets are one of the best things that the country has to offer to the new economy space, but the ecosystem “lost sight of what it is to practically build a company for the public market”.
Mind Over Money: 45-minute Ashtanga yoga session and squash keep this CEO mentally & physically fit
"Yoga, to me, represents a holistic approach and the fulcrum upon which I harmonise the demands of my professional career, the cherished moments of my personal life, and the nurturing of my own well-being."
Credit market on course to grow to USD 350 billion by year-end: Vivek Joshi
Financial Services Secretary Vivek Joshi on Tuesday said the credit market, led by the digital lending segment, is on course to grow to USD 350 billion (around Rs 3 lakh crore) by the end of the year. The digital lending segment stood at USD 270 billion at the end of 2022, Joshi said on the opening day of the fifth edition of the global fintech festival here.
Data Analytics Career Blueprint: Key Skills, Education, Eligibility, and Industry Landscape
Data analysts play a crucial role in various industries by analyzing and interpreting large sets of data to uncover valuable insights. With the increasing reliance on data-driven decision-making, the demand for data analysts is on the rise. Aspiring data analysts can pursue degrees in relevant subjects such as computer science or mathematics and gain practical experience in data mining. They can also obtain certifications and seek internships to enhance their skills. Data analytics is essential in sectors like IT, banking, retail, and e-commerce, offering numerous job opportunities for data analysts.
Lytus plans to invest $50 million in fintech business
Lytus Technologies Holdings plans to spend $50m to expand its fintech offering into India over the next five years. The Nasdaq-listed firm will launch "AI-driven financial services and personalised solutions" as part of its move into India. Initially focused on cable and broadband sectors, Lytus CFO Shreyas Shah predicts Lytus' "fintech products will ... also offer its fintech services to businesses and individuals in rural parts of India to bridge the gap that currently exists in the traditional banking sector".
Load More
