Why charging UPI use is a bad idea
Over the years, the Unified Payments Interface (UPI) has emerged as one of the most powerful innovations in India’s financial
Banking
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
RBI’s liquidity mop-up is more than just a cash drain
The Reserve Bank of India has spent months putting liquidity into the banking system. It is now having to take
HDFC Bank’s credibility problem is bigger than its CEO transition
HDFC Bank’s leadership transition comes at an uncomfortable time for the country’s largest private sector lender. Sashidhar Jagdishan’s decision not
NCLT’s Subhash Chandra order: When ₹22,000 crore of claims becomes a ₹6.5 crore recovery
There is something deeply uncomfortable about the latest Subhash Chandra insolvency order. Not because the National Company Law Tribunal has
The peril of the EMI trap
An iPhone EMI should never become a matter of life and death. Yet that is precisely what makes the Maharashtra
RBI signals a fresh start for cooperative banking
The Reserve Bank of India’s proposal to resume licensing of new urban cooperative banks (UCBs) is one of the more
Paytm Payments Bank winding up process begins
The winding up of Paytm Payments Bank marks the end of one of India’s most ambitious banking experiments. With the
HDFC Bank Board’s ₹1 lakh penalty raises bigger questions about governance
The HDFC Bank Board may have hoped to draw a line under the Maharashtra State Road Development Corporation (MSRDC) deposit
HDFC Bank’s ₹1 lakh penalty is insignificant. The message it sends is not
A ₹1 lakh penalty means nothing to the top executives of India’s largest private sector bank. It is less than