Reading Time: 5 minutes Since the time Citigroup announced that its consumer banking franchise would exit 13 markets across the world (including India), my Twitter and LinkedIN feed has…
Author: Anirudha Basak
Anirudha is immensely passionate about finance, economy, businesses, personal finance, and of course, banking. He has an MBA in Finance from XIMB.
Reading Time: 6 minutes Hey there! Before we jump in, here’s a word from our sponsors: Do you want a savings account which can double up as your wealth…
Reading Time: 6 minutes Hey everyone! A lot of subscribers mailed asking for more details about the job update last week, so here it is: On to this week’s…
Reading Time: 5 minutes Hey everyone! Right off the bat, I would like to apologise for not publishing for two consecutive weeks. Thank you to everyone who messaged me…
Reading Time: 7 minutes Original Source link | Follow Anirudh Basak on Twitter | Subscribe to His Blog Here A few days ago, another Small Finance Bank (SFB), Uttkarsh…
Reading Time: 5 minutes My favourite payment bank is now a Scheduled Commercial Bank! Here’s the official notification from RBI: So when I read this, I had a few…
Reading Time: 5 minutes Last year, in one of the Monetary Policy Speeches, RBI had promised to tighten digital payment security (you can just read the bold sentences for…
Reading Time: 6 minutes Hey guys! It’s been a long time since I’ve done a deep-dive on an individual bank. Let’s start with a relatively new one for now.…
Reading Time: 7 minutes Bad Banks I’m sure you’ve already heard about this from multiple sources. Why wouldn’t you? Our Government keeps returning to it like an ex it…
Reading Time: 7 minutes Hey there! For those who’s subscribed this week, Bank on Basak is a newsletter trying to simplify the Indian banking space as well as RBI…
Reading Time: 7 minutes This week, RBI released two excellent articles on topics in which I get the most queries about: Reader 1 Query Reader 2 Query Yes, the…
Reading Time: 7 minutes Last week, the central bank released it’s bi-annual Financial Stability Report (FSR). I feel it’s the second most important RBI publication, right after Trends and…
Reading Time: 7 minutes I came across a different approach to banking this week, thought I’d share it with you guys. A lot of “experts” try to decode this…
Reading Time: 6 minutes Hey there! You survived 2020! So did most banks. But will they survive 2021? Don’t blame me for starting the year in a pessimistic tone!…
Reading Time: 5 minutes Would you believe it if I said that I almost finished writing yet another edition of Bank on Basak filled with news (and context) from…
Reading Time: 8 minutes Think about it. I’ll talk about my decision to help you out. I honestly don’t remember when I opened it, but I had a joint…
Reading Time: 8 minutes Why do companies pay dividends? Among other things, it is an act of “giving back”. A little reward for the shareholders who believed in the…
Reading Time: 7 minutes It all started when India’s largest private bank suffered an outage on it’s digital bank front (cards, app, ATM, internet banking). No, this is not…
Reading Time: 7 minutes Okay, you guys are the best! ❤️ Last week, I had asked all of you to click on the “like” button so that I don’t…
Reading Time: 8 minutes Hey folks! There’s a LOT to unpack this week, just from RBI notifications – so to keep within Gmail length limits, the LVB fiasco will…
Reading Time: 8 minutes Happy Diwali everyone! Based on my social media feed, I kind of felt this was the first proper holiday that India enjoyed since the lockdown.…