To drive adoption among rural customers, financial institutions have introduced certain tweaks to their digital product offerings to promote awareness and adoption among rural customers, aimed at addressing the key challenges faced by rural customers. This has shifted the focus now from urban-first to rural-first taking cognizance of the fact that the rural areas could potentially become the growth engines for India. With the smartphone user base improving in the rural areas, FinTech startups are coming up with innovative and user-friendly online platforms to make banking easier. This is where fintech startups aim at now – making rural life easier. … [Read more...] about How Fintech Startups Are Bridging the Digital Gap in Rural India
Disclaimer: Reliance Industries Ltd., which also owns Jio, is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year. … [Read more...] about Eight of top-10 companies add over Rs 1 lakh cr in m-cap; RIL leads
Delhi's teachers and principals are the architects of Delhi's transformation in the past 5 years. They deserve to be invited to the swearing-in at Ramlila Maidan tomorrow. When did BJP last think of teachers in at the centre of your 'vikas' model? Never did, never will. https://t.co/p7U2XHI4E7 … [Read more...] about Compulsory attendance for teachers at Arvind Kejriwal’s swearing-in ?
After being written off as a non-threat a few years ago, Chinese smartphone makers have now not only gained respect in the industry but also command close to 50 percent share in the India's market. Chinese handset maker accounted for about 43 percent market share in the first three months on 2017, according to a research note. … [Read more...] about How Chinese smartphone players toppled Indian peers and gained a lion’s share in the market
Keep scaling Innovation demands smart risk-taking, and as a company scales, so should the bets it takes. I think about the Amazon shareholder letter from Jeff Bezos this past April. “Amazon will be experimenting at the right scale for a company of our size if we occasionally have multibillion-dollar failures,” Bezos wrote. “We will work hard to make them good bets, but not all good bets will ultimately pay out.” … [Read more...] about How to train yourself and your team to take smarter risks