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India plans ‘bad bank’ to tidy up struggling banking sector

India plans ‘bad bank’ to tidy up struggling banking sector

Indian finance minister Nirmala Sitharaman announced a huge $500bn budget on February 1, focused on healthcare and infrastructure and aimed at boosting the country’s Covid-19 ravaged economy. During her speech, she also committed the Indian government to forming a ‘bad bank’, in an attempt to tidy up the country’s struggling banking sector. India’s banks entered … Read more

Mobile banking: a catalyst for economic transformation

Mobile banking: a catalyst for economic transformation

&nbsp Author: Teza Ngulube, Head of Retail and Digital Banking, Atlas Mara Zambia February 10, 2021 Digital technology has been a great financial democratiser worldwide. Mobile phones and app-based banking have put previously inaccessible financial transactions into the hands of millions. While especially true for certain populations in the global south, you would be mistaken … Read more

‘Omniaccess’ is the strategic imperative for banks in the 2020s -

‘Omniaccess’ is the strategic imperative for banks in the 2020s –

All the benefits of Digital + Print plus subscriptions to: The Banker Database is a service of the Financial Times, providing comprehensive financial data and insight for 5000 of the world’s leading banks, in more than 160 countries.Visit The Banker Database + A specialist service from the Financial Times, Global Risk Regulator provides insightful reporting … Read more

Biden presidency will be defined by Chinese challenge

Biden presidency will be defined by Chinese challenge

“Being president is like running a cemetery,” joked president Bill Clinton in a 1995 Illinois speech. “You’ve got a lot of people under you and nobody’s listening.” The US electoral soap opera has long polarised the country’s citizens. But the unprecedented events of January 6, 2021, the Christian festival of Epiphany, led to a great … Read more

Paseo de la Reforma in Mexico City

A paradigm shift in sustainable investment for Latin America

Paseo de la Reforma in Mexico City&nbsp Author: María Ruiz Sierra, Sustainable Investment Associate at SURA Investment Management February 5, 2021 More than ever, the major environmental, social and economic challenges facing humanity today underscore the need to make structural changes to our economic system, both in the way we produce and the way we … Read more

Can banks protect themselves against IR35? -

Can banks protect themselves against IR35? –

All the benefits of Digital + Print plus subscriptions to: The Banker Database is a service of the Financial Times, providing comprehensive financial data and insight for 5000 of the world’s leading banks, in more than 160 countries.Visit The Banker Database + A specialist service from the Financial Times, Global Risk Regulator provides insightful reporting … Read more