Finacle Blog

Banking activities extend much beyond the retail services which banks provide to individuals. Wholesale banking comprises underwriting, market making, consultancy, mergers and acquisitions (M&A) fund management and the like. The clients in this case are business corporations, government entities and other institutional customers. 

Continue reading "Key Drivers of Wholesale Banking" »

Posted by Nirmal Khatua at 5:47 AM | Permalink | Comments (0) | TrackBacks (0)

A friend, who used to manage his own investments, learnt a hard lesson when his so-called prized stocks turned out to be duds. Now he relies on the advice of a professional wealth manager.

Continue reading "Banks: Growing from Transaction Fulfillers to Financial Solution Providers" »

Posted by Priyanka Diwan at 4:41 AM | Permalink | Comments (0) | TrackBacks (0)

In the financial crisis years, one business stood out for its performance and resilience in an unfavorable environment - Islamic Banking. This is largely due to the governing Shariah Law, which forbids Islamic Financial Institutions from exposing themselves to the kind of dubious instruments, which triggered the crisis. 

Continue reading "Tapping the Sukuk Opportunity" »

Posted by Sonam Garg at 7:05 AM | Permalink | Comments (0) | TrackBacks (0)

Compared to the rough seas of stock markets and currencies, precious metals have been an ocean of calm. As an asset class, metals have a lot going for them - long lasting value; insensitivity to the vagaries of weather or transport; and scarcity, which keeps adding to their value. But beyond that, they are a hedge against inflation and an important component of a diversified portfolio.

Continue reading "Go for Gold!" »

Posted by Ribhu Misra at 3:51 AM | Permalink | Comments (0) | TrackBacks (0)

My neighbor's daughter has just been accepted into a top rung medical school.  But he has no time to rejoice, he's so busy trying to cough up the fee. 

Continue reading "A Plan That Won't Fail" »

Posted by Pallavi VJ at 4:22 AM | Permalink | Comments (0) | TrackBacks (0)

"If you are uplifting the poor, you are uplifting the nation," said Mahatma Gandhi.  It is two decades since the initiation of banking reforms in India. World-class banking products are now available, but a majority of the rural folk has no access to them.  We are talking about a Rs. 50,000 crores market lying untapped!  To exploit this potential opportunity, Indian banks should look at adopting the microfinance route taken by their counterparts in other countries, such as Bangladesh and Brazil.

Continue reading "Tap the Agricultural Microfinance Opportunity" »

Posted by Sathyanarayan Sivashanker at 3:24 AM | Permalink | Comments (1) | TrackBacks (0)

Take a moment to consider the world's Internet habits:
• In March 2011, there were 2.095 billion Internet users around the world; 44% of them were in Asia and 22% in Europe.

Continue reading "Rich Internet Applications: Enabling Productivity and Experience" »

Posted by Pallavi VJ at 4:22 AM | Permalink | Comments (0) | TrackBacks (0)

In 2009, most parts of the world were still battling the financial crisis or reeling from its after-effects. But the Saharan country of Algeria surprisingly showed an 18.5% increase in economic growth indicating a resilient financial system.  This can be attributed to the fact that Algerian banks rely mainly on domestic funds and their dependence on external financing is minimal. Also, reforms in the banking sector have brought about: 

Continue reading "Scope for CBS implementation in Algeria" »

Posted by Hariharasudan Parthasarathy at 3:43 AM | Permalink | Comments (0) | TrackBacks (0)

Before leaving Japan, I was in a shopping mall to buy some souvenirs for my friends and relatives. While in the billing queue, I was surprised to see people flashing their mobile phones near a device at the billing counter to pay their billed amount and moving on with their purchased items.  

Continue reading "Bye-bye plastic money?" »

Posted by Pooja Agarwal at 5:08 AM | Permalink | Comments (0) | TrackBacks (0)

According to the 2001 census, out of 192 million households in India, 61 million owned a television set. If you consider this, and the fact that television reached rural India long before the mobile phone, isn't it surprising that TV banking   was launched in India only in 2009, ten years after it debuted in other parts of the world? 

Continue reading "Why TV Banking Hasn't Taken Off" »

Posted by Rajesh Jeganathan at 6:54 AM | Permalink | Comments (0) | TrackBacks (0)