Ways to restore confidence in shadow banking

| June 9, 2019

article image
Another shadow bank in India has missed a bond payment. That’s a reminder to the new government that a mega-bailout of the country’s distressed financial industry is now unavoidable. Ever since the collapse of infrastructure financier-operator IL&FS Group in September, an event I termed India’s mini-Lehman moment, the funding woes of the country’s non-bank lenders – those that operate without state-guaranteed deposits or access to central-bank liquidity – have kept worsening.

Spotlight

Templetons Financial

At Templeton’s Financial, your goals are at the heart of our advice because we believe that the path to realizing your goals begins with a clear understanding of who you are, and what you want in life. After exploring and prioritizing your goals using our interactive technology, we can help you to make informed decisions about how to go about achieving them and balancing your longer term goals against the financial needs of today.

OTHER ARTICLES

Which Fintech sectors will emerge fighting fit from the current Covid-19 crisis?

Article | March 31, 2020

Whilst the current pandemic induced crisis is yet to reach its peak, and is leaving a trail of personal and economic destruction, we should expect a new landscape to emerge, in many respects, when the dust settles. What does this mean for the Fintech sector in terms of opportunities and how does this impact the individual?

Read More

Tracking the Future of Cross-Border Payments with AI ML and Blockchain

Article | February 17, 2020

The global payments landscape is undergoing a massive reorganization. Industry researchers and analyst groups attribute this seismic change to many factors. Technological advancements and competitive forces have proved to be the biggest transformational forces in the payments industry that have combined together to meet both consumer demands and standard banking regulations.

Read More

SME Challenges in Cross Border payments

Article | April 20, 2020

The economic scale of the SME market is substantial, contributing £2.0 trillion (52%) a year to the UK economy alone and growing. But for SMEs wanting to trade internationally, they’re met with highly complex infrastructure and a myriad of lenders, brokers, FIs, processes and systems in place that lack sufficient integration or none at all.

Read More

Cybersecurity: The Hidden Risks of Fintech Services

Article | March 20, 2020

Fintech has drastically improved the products and the services of the traditional financial services in the past few years. However, even after many financial institutions have readily adopted fintech services, there are still some hidden risks in the aforementioned industry. For instance, the integration of the fintech services in the existing banking solutions raised a severe concern for data security. Also, the rapid growth of digital platforms made the fintech industry and its customers uniquely vulnerable to various breaches in IT security networks.

Read More

Spotlight

Templetons Financial

At Templeton’s Financial, your goals are at the heart of our advice because we believe that the path to realizing your goals begins with a clear understanding of who you are, and what you want in life. After exploring and prioritizing your goals using our interactive technology, we can help you to make informed decisions about how to go about achieving them and balancing your longer term goals against the financial needs of today.

Events