I have been writing about the danger of non-performing loans (NPLs) and the related threat to the stability of the banking sector since 2012. Some 13 years later, the problem has escalated astronomically with little signs of reversal. The problem was somewhat muted between FY2012 and FY2020, but has gotten out of hand since then.
Crypto has a chance to court traditional finance players, who are already looking at non-traditional financial technology after being let down by banks, says Aave Labs founder Stani Kulechov. “Thanks to horrible banking experiences, we’ve seen a lot of finance coming into fintech, and fintech applications [have been] able to capture a lot of market
IBPS PO Notification 2025 Released for 5000 Vacancies – Apply Now for a Career in Banking! The Institute of Banking Personnel Selection (IBPS) has released the notification for the position of Probationary Officer (PO) today, July 1, 2025. A total of 5208 vacancies have been reported this year. Interested and eligible candidates can apply on
Security researchers at Zimperium zLabs, a mobile security software provider, have uncovered a sophisticated evolution of the “GodFather” banking malware, which employs an advanced on-device virtualization technique to hijack legitimate mobile applications, with a significant focus on banking and cryptocurrency apps. This malware is substantially more dangerous than many existing mobile device threats, according to
Chairman Prof. Narada Fernando Chief Executive Officer Clive Fonseka People’s Bank, one of Sri Lanka’s largest state-owned commercial banks, marks 64 years in operation today, affirming its role in expanding formal banking access and advancing financial inclusion. Over the decades, the bank has adapted to the shifting market dynamics and policy priorities, with the recent
The Financial Technology Association filed a motion for summary judgment in federal court late Sunday, defending a final rule on consumer financial data rights that the Consumer Financial Protection Bureau under the Trump administration refused to uphold. The FTA said in a court filing that consumers cannot share their data without easy access from banks.
Amid the past year’s shifting political environment, replete with the prospect of financial deregulation (or, at least, changing regulation), this may be the most crucial season to get out, network, and see what business and partnership possibilities the banking sector is talking about and making happen. Gatherings like the ones listed below can be idea
Monday 30 June 2025 2:05 pm Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email John Flint picture.jpg The boss of the National Wealth Fund has blasted the banking industry’s risk appetite and cited the lack of risk-taking as the reason for waning
Credit Growth improves in the first data release since RBI’s jumbo rate cut. The latest data release from RBI indicates that after falling to a 3 year low, the banking credit growth has shown improvement in the fortnight ended 13th June. This is the earliest sign of impact of RBI’s jumbo 50bps rate cut in
In the global conversation about artificial intelligence, Silicon Valley often takes centre stage. However, a quiet but powerful revolution is unfolding in Asia’s financial sector, where regional banks are leading the charge by tailoring AI to the unique needs of their communities. This hyper-local approach is not only enhancing customer engagement and satisfaction, but also