Outlook 2021…

If 2020 was a year to preserve your finance, 2021 will be a year to multiply your wealth. The global economy has restarted with a bang and emerging economies are eyeing for a double digit GDP growth, along with high single digit growth in developed nations, thanks to low base, rock bottom interest rates, rapid [...]

Indian Stock Markets in 2020!

2020 was a Roller Coaster Year for the Global as well Indian Capital Markets. The roller coaster ensured that no one is missed during the year, which rewarded patient investors and punished fragile market participants. First half of the year witnessed tragic onset of the “Coronavirus Pandemic”, followed by worldwide Lockdowns, which rock bottomed all [...]

UPI – India’s Digital Kohinoor

Unified Payments Interface, popularly known as UPI, has undoubtedly become India's most popular payments system. Launched in April, 2016 by NPCI, UPI is an immediate real-time mobile payment system, regulated by RBI. UPI connects multiple bank accounts with a single mobile application, that allows users to make immediate payments round the clock. UPI works on [...]

Why YES was a NO?

The Bank which said YES to all the borrowers was finally compelled to say NO to all the depositors. The RBI on 5th March 2020, imposed a moratorium on YES Bank and restricted withdrawals up to ₹50,000 for all its customers. Next day, shares of so-called India's 4th largest private bank hit an all-time low [...]