linkedin
BROUGHT TO YOU BY
Exclusive Access, Inclusive Growth

WELCOME TO ET PRIME

BROUGTH TO YOU BY
Exclusive Access, Inclusive Growth

Fintech + BFSI

1
Investigation

Trouble inside Anurag Bhatia's money maze called Minance

Bhatia and his Bengaluru-based wealth-management company Minance are under scrutiny. Investors and former employees narrate instances of alleged mis-selling, default on payments, and related-party transactions. Add to it, dealings in high-frequency trading, fixed-income scheme, and unlisted shares. Bhatia refutes all the allegations and says he has received only one formal query from Sebi.

headset AUDIO SUMMARY . 01:41
Investigation

Trouble inside Anurag Bhatia's money maze called Minance

Bhatia and his Bengaluru-based wealth-management company Minance are under scrutiny. Investors and former employees narrate instances of alleged mis-selling, default on payments, and related-party transactions. Add to it, dealings in high-frequency trading, fixed-income scheme, and unlisted shares. Bhatia refutes all the allegations and says he has received only one formal query from Sebi.

headset AUDIO SUMMARY . 01:41
Fintech

Conserve cash, flatten NPA curve, reassure partners: Capital Float has a plan to fight the tsunami

Cash is king, believe Capital Float’s founders Gaurav Hinduja and Sashank Rishyasringa. The digital-lending startup is undertaking minimal disbursals and has stopped all discretionary spends. It’s building sufficient collections capacity to ensure NPA curves are flattened post lockdown. It’s also reassuring all stakeholders. The company’s ‘perfect storm’ over the past year, they say, had prepared it for this tsunami.

Payments

‘Never say no’: how Yes Bank’s fintech team aced digital payments. Then came the fall.

Before the debacle, Yes Bank was a leader in digital-payments solutions and was powering 20-25 fintech startups. What had made it possible was a fintech-focused playbook and a relentless team headed by Ritesh Pai. Fast execution, ability to take risk and spot future winners, and a sound business model helped this team pull off what rivals could not.

headset AUDIO SUMMARY . 01:43
Banking

Yes Bank’s bond write-down can damage capital-starved India’s creditworthiness. Do a rethink.

RBI’s proposed write-down of Yes Bank’s perpetual bonds has grave implications for India’s ailing financial system. The country can’t be seen as indifferent to creditor obligations. It couldn’t have come at a worse time — just when India is making efforts to quickly expand its small bond market and tap international debt markets through a larger presence in global bond indices.

headset AUDIO SUMMARY . 01:56
[[^message]]

Result

[[/message]] [[#message]]

[[message]]

[[/message]]