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Loan Recovery plans being crafted by Banks amid Coronavirus Crisis

Rajeev Jain, MD and CEO reportedly noted that they are adding near to 2,800 officers in the company to this particular activity. Due to the pandemic and lockdown measures, the customers have not been able to pay by cash and the bounce rate of this portfolio due to this have surged from an average of 19% in  Jan, Feb, March to about 86% in April and May

Since banks and non- banking financial companies are tackling the challenge of recovering their retail loans during this global disruption to household incomes from the coronavirus crisis, new ways and strategies for the loan recovery is being mapped. Many of these financial institutions are getting their existing workforces repurposed to …

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Reimagining Banking During and After COVID-19

afique R Ibrahim, Group IT Head- Payment, Al Fardan Exchange L.L.C argues that while the technologies were always there, it is the adoption rate that has now picked up.

Shafique R Ibrahim, Group IT Head- Payment, Al Fardan Exchange L.L.C argues that while the technologies were always there, it is the adoption rate that has now picked up. What are the 2 key challenges for banks during the COVID19 crisis and the lockdown scenarios? BFSI industry plays a key …

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YAP Wants to Turn Every Company into a Fintech

YAP has its own digital payment program solutions. Today, it has turned out to be the largest Neo-Banking Platform not only in India but also throughout Asia. It is  also popular for being the largest prepaid service card provider in india. YAP over a period of time with their innovation …

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EasyPay helps in Rural ATM Services

Parth Pandya, Sr. Product Developer, Easy Pay explains the benefits of his solutions

Parth Pandya, Sr. Product Developer, Easy Pay explains the benefits of his solutions What are the solutions from Easy Pay? EasyPay has two services. One is the b2b services about mobile recharges and other bill payment services as well as ATM services like Paisa Nikal.com. One is for the particular …

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New cryptocurrency ‘CRO’ to list on CoinDCX crypto exchange

New cryptocurrency 'CRO' to list on CoinDCX crypto exchange

com’s CRO Token on CoinDCX will be traded on in two pairs In combination with MCO listing in early April, Crypto.com’s full range of financial services is available tothe Indian market   ​CoinDCX, India’s largest and safest cryptocurrency exchange and liquidity aggregator, announced that crypto payments pioneer Crypto.com will be …

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