Interest rates

A: Any zero-pricing regime significantly impacts industry players unless and until they have a parallel source of revenue. They will only burn capital to sustain and survive over long periods of time. Since many depend on MDR as a revenue source, this move hurts the entire business model, especially in light of the overall foreign investments attracted to the Fintech sector. However, this impact could get mitigated if banks compensate for the loss, as the Finance Minister said in her budget speech. … [Read more...] about Payment service providers feel the pinch with Zero MDR

Disclaimer: The above report is compiled from information available on public platforms. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Q3 earnings mixed so far; brokerages maintain ‘buy’ on 10 stocks with 9-23% upside

Standalone profit climbed by 5 percent to Rs 1,564.8 crore in Q3FY20 against Rs 1,489.3 crore in the corresponding quarter of the previous financial year. Sequentially, the numbers rose 15.18 percent. In the September quarter of FY20, Maruti had posted a standalone net profit of Rs 1,358.6 crore. … [Read more...] about Maruti’s Q3 numbers show growth, but miss Street estimates; 5 key takeaways

Finally, India has been the first nation to formalize P2P lending in a world-class regulatory environment. It is perhaps time to expand that credit to MSMEs as well, which are suffering a financing crunch in the absence of growth stage equity capital, coupled with risk averse lenders. … [Read more...] about Budget 2020: FinTech’s wishlist from the red briefcase

Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about India’s first underwater metro nears completion