Parag Parikh MF: the rebel that finally conformed
The January 2026 launch of a seemingly innocuous large-cap scheme has turned contentious, shining the spotlight on the storied fund house
The January 2026 launch of a seemingly innocuous large-cap scheme has turned contentious, shining the spotlight on the storied fund house
Consolidated tech platform, strong distributor network, strategic diversification—the company has a lot going for it. Regulations and an overvalued market could prove a dampener, though
India wants to stop terror-funded rupees, banks want to stop inadvertently laundering them, and compliance firms just want to be on every bank’s speed dial
Technology has gone from a support function to an active tool in business growth, and CDOs are helming the change
Talked about for its cutthroat culture and high attrition, Axis Bank’s chief executive wants to switch things up in his third term
India’s second-largest home financier went public, retail demand surged, and sponsor banks were swamped. The result: UPI-app-mandate notifications got stuck in the backlog
A big part of Apple’s record high sales in India is thanks to the affordability programmes it has with the likes of HDFC Bank. But the lenders pay a heavy price for it
In four years, Sumant Kathpalia has wowed investors to take the bank’s market cap to $14 billion. Now he needs to do the same with the central bank to extend his stint
Those that lend to you illegally make hay
What can lenders do when credit-card experts on Telegram, WhatsApp, and Discord keep finding new ways to game the system and maximise rewards?
The metal card survived RBI’s regulatory storm that hit rivals Slice and Uni, but its bank partnerships are tempering growth
Citi employees are key for Axis Bank to make its $1.6 bln buy of the foreign bank work. But Axis’ culture is coming in the way
The CEO’s HR-strategy revamp sparks a mid-management frenzy, triggering an exodus of top talent
Banks, in a race to sell more credit cards, made free access to airport lounges as their top selling point. And now it’s coming to bite them
A regulatory shift in the way India handles financial data is likely to disrupt Lentra’s space. And while other geographies offer new opportunities, they also come with local challenges
The RBI regulations and the covid-induced lockdown helped collection-tech startups gain ground. But lenders feel it won't be easy to replace good old legwork
With rising interest rates and looming job losses, three young fintechs—Multipl, Hubble, and Tortoise—are pitching save now, buy later as the way forward for a range of purchases. But this is something banks have tried in the past, without much success
Kotak811 brought in a third of the private lender’s new customers last fiscal. And it could be a top contender when India starts handing out digital-bank licenses
While Citi has started to approach credit-card users to get their consent to move to Axis Bank, it needs to do a lot more if it wants to justify the deal value
The state-owned, $2.4 billion-worth lender has little reason to celebrate its impending status as India’s largest housing finance company—thanks to its legacy distribution model and sub-par asset quality
India’s top seven banks have nearly 70 million current accounts, but Paytm, PhonePe, BharatPe end up becoming the first port of call for close to 25 million merchants. Banks like HDFC Bank and SBI now want to claw back their share
The RBI is getting its tech act together, becoming smarter and more rigorous in terms. So while IT lapses of those like HDFC Bank and Paytm Payments Bank are caught in the glare, banks are worried that the pendulum has swung too far in the other direction—prescription instead of regulation
Bagging India's largest private lender as a client has boosted Zeta's ambitions and helped it bag funding. But what the firm promised HDFC Bank is yet to be delivered. Success could be the proof-of-concept for Zeta's ambitions but failure could hobble its flight
After 26 years building HDFC Bank into India’s largest private bank, Aditya Puri has now turned his gaze (and riches) to pharma and healthcare. From IPO-bound Pharmeasy to Strides Group, can Puri’s Midas touch go beyond banking?
With Citibank plotting an exit from India and Amex under regulatory embargo, a big slice of the premium credit card market is up for grabs. A lucrative opportunity for the likes of SBI and HDFC, but capturing it depends on how well they upgrade their internal playbooks
Banks still rely on relationship managers to sell financial products, even though over 50% of all transactions happen digitally. But impossible sales targets have painted a target on customers’ backs—RMs have to sell at any cost, adding fuel to the fire of complaints against private banks
Arundhati Bhattacharya spearheaded the digital transformation for India’s largest public sector bank, SBI. She’s now trying to pull off an audacious US$1 billion revenue dream for Salesforce India
A consortium of 18 banks is trying to revolutionise the country’s cumbersome trade finance system through distributed ledgers, the canopy of technology blockchain falls under. The new platform, built by Infosys, could save time and prevent fraud. For that to happen, though, there are fundamental kinks that must be ironed out
A one-hour tech outage is enough to stall 400,000 UPI transactions; HDFC, ICICI, and SBI together saw 85 outages in 2020. Banks have contingency plans in place, but what happens when they’re flawed to begin with?
The National Payments Corporation of India, which controls retail payments, is set to get rivals next year. These new entrants called New Umbrella Entities could redraw the rules for payments
Navi Technologies wants to make financial services simple, accessible, and affordable. It has several plans afoot already, but in its path are the likes of Paytm, PhonePe, and Google Pay
India’s largest private bank has launched its own deals platform, Festive Treats, to rebalance the scales of power between e-commerce behemoths and banks
A bank that has relied on buying technology for years wants to build tech of its own. It must now let what it builds compete with what it has nurtured for years
BankBazaar is chasing a futuristic vision of making lending a fully digital process, but for now, PaisaBazaar is ahead
2 years, $7 million in funding and 2 million users later, payment app Chillr is up for sale. Buyer No.1 is Truecaller, whose payment ambitions are an enigma. Buyer No. 2 is HDFC Bank, Chillr’s biggest partner
Yes Bank and RBL are doing something very unlikely of Indian banks—opening their core infrastructure for fintech firms to build products
Banks must learn to compete with dozens of nimble, focused and ruthless fintech and payments startups out to disrupt them. Using data