India’s banking industry could be in trouble after the Narendra Modi government announced that $37 billion in loans have been written off by the country’s...
India today is a leader in blockchain innovation and experimentation. With a strong community of innovators at home, foreign FinTechs’ entrance into the Indian market...
An internal auditor at a Mumbai branch of Punjab National Bank is accused of conspiring with other officials to defraud the lender of $2 billion,...
India’s police took more action in their investigation of the loan scam at Punjab National Bank (PNB), arresting three more employees of the bank. According...
Anniversaries are a time for reflection, and one year into India’s grand de-monetization drive, the results are mixed. Counterfeiting activity has simply moved to embrace...
Reuters reported that bad debt continues to linger on Indian banks’ balance sheets. On Tuesday (Oct. 10), the newswire said that the souring loans totaled...
Over the last 18 months, India has moved full-speed ahead from a nearly entirely cash-based society to one with ambitions of being totally cashless. The...
The Asia Pacific region seems to have a voracious appetite for cash — $8.1 trillion of which will be spent by 2020, according to the...
The Reserve Bank of India (RBI) says it’s time to embrace blockchain and adopt a digital currency for the country, according to a new report....