Zachariah Syriac

Don’t Kill UPI’s Biggest Advantage

India’s UPI story was built on one deceptively simple proposition: payments could be instant, interoperable and, for the consumer, free.That

HDFC Bank’s leadership transition comes at an uncomfortable time for the country’s largest private sector lender. Sashidhar Jagdishan’s decision not

The HDFC Bank Board may have hoped to draw a line under the Maharashtra State Road Development Corporation (MSRDC) deposit

Mumbai, July 27: Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits have likely crossed the record $26 billion mobilised during the 2013

India’s banking story has been dominated by one phrase: bad loans.The years following the corporate lending boom left banks grappling

There is something fundamentally wrong with a banking system where employees are expected to account for every missed target, every

Bandhan Bank’s June quarter numbers weren’t bad. In fact, on most operating parameters, they were largely in line with expectations.

The Reserve Bank of India’s latest criticism of banks over customer complaints should make the industry uncomfortable. It isn’t about

If the government is indeed considering bringing back a merchant discount rate (MDR) on large-value UPI transactions, it is effectively

The transaction is less about raising money and more about revealing value that has remained buried inside India’s largest lender for years.