Friday , June 5 2020

Recent Posts

Insolvency Windows Soon for NBFCs

There is a likely possibility that NBFCs might soon come under the purview of the Insolvency and Bankruptcy Code (IBC). The move currently being mulled by the Ministry of Corporate Affairs is ostensibly to address the deterioration in financial health of several NBFCs owing to their severe debt exposures. While …

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Tech Mahindra and Atidot Offer AI Enabled Solution for Life Insurance Providers

Provides a one-of-a-kind platform to increase profitability by predicting customer behavior and lapse patterns   Tech Mahindra has collaborated with Atidot, an Israel based InsurTech  that offers predictive,analytics, Artificial Intelligence (AI) and Machine Learning (ML) tools for the life insurance and annuity industry. Through this partnership, Tech Mahindra and Atidot will provide a platform …

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Indian Banks to lose $9 bn in payments revenues by 2025

Yet, as digital payments continue to grow, the Accenture report indicates local banks can tap into US$32 billion opportunity in new payments revenue if they adopt innovative business models   As much as 14% of Indian banks’ payments revenue, or $9 billion, is likely to be displaced by the growth of …

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