Investment banks expedite the purchase and sales of bonds, stocks, and other investments, and aid companies in making initial public offerings (IPOs) when they first go public and sell shares. Commercial banks act as managers for deposit accounts belonging to businesses and individuals, although they are primarily focused on business accounts, and they make public loans from the […]
Reinvent Program The face of banking is changing—our big high-street banks are now having to compete, not only with each other but also with the growing ranks of challenger banks and other third parties. To sustain their importance to the economy and remain relevant to their customers, this means banks have no choice but to […]
A personal loan is the most convenient and the quickest way to deal with any financial crises as it offers many benefits like quick online approval, flexible tenure, no restriction on end-use, instant disbursal, etc. Unfortunately, with so many benefits comes several half- baked theories too that often mislead people regarding a personal loan and […]
In 2015, Americans generated 262.4 million tons of trash. More than half, 137.7 million tons, ended up in landfills, according to the Environmental Protection Agency. Some of the stuff we throw away most is food (221 pounds per person a year) cardboard boxes (188 pounds a year) and plastics such as bags, plastic packaging, plastic bottles […]
Today, a lot of people use a Credit Card for various online transactions and enjoy the benefits that come with it. In this write-up, we state how you can earn and redeem the Credit Card points. Today, all the major banks in India offer Credit Cards and the credit companies generally reward the cardholders with […]
There is so much money to be made on Wall Street. In law school my friends and I used to have a saying. A lawyer makes good money. The people over at the business school who will hire the lawyers make great money. (Readers might recognize this as an old Chris Rock riff, and hat […]
As transactions continue to leave the bank branch and the cost structure of supporting physical facilities places legacy organizations at a disadvantage, more banks and credit unions are considering a digital-only delivery alternative. Is this a viable strategy for the future? Digital transformation a survival strategy for banks today. Retail banks in the United States […]
Increased dependence on borrowed money to finance our needs and desires, has increased the importance of Credit Score. In case you are not aware, Credit Score is a simple 3-digit number — normally between 300 and 900 — assigned by RBI-approved Credit Rating Agencies namely CIBIL, Experian, Equifax and CRIF High Mark. It denotes whether […]
Social media has come a long ways since being introduced as an innovative method of communication. What started as a medium for connecting with peers across the globe has morphed into a business tool for ads and brand promotions. Social media pioneers will continue to innovate and the latest evolution involves the implementation of payment […]
Accounts To encourage women to save more, ICICI Bank now offers exclusive Savings Accounts for women. Check out this post to know five such savings schemes and their benefits. Top banks in India such as the ICICI Bank is playing its part in the development by offering exclusive ‘Advantage’ Savings Account schemes for women. These […]
