Financial Literacy a Necessary Antidote to Reckless Spending

India has world’s largest youth population. In four years from now i.e. 2020, average age of India’s population is predicted to be 29 years by Economic Survey 2015. Although it is a positive sign, but if we fail to direct / utilize their energy in right direction, it can have devastating economic effects. Youths today […]

Digitalisation: Changing the Landscape of Banking

Banks today are facing various challenges in order to increase their bottom line. Competition is severe, technology is changing fast and hence need quick adaptability, changes in socio demographic factors too are posing challenges for banks to understand customer. Banks in developed countries are struggling to find growth opportunities due to stagnancy in economic growth. […]

Life Insurance Kiosks”: A Policy Holder’s Delight

Kiosks are the unmanned online information centres strategically placed at various public places. They are called ‘interactive touch screen kiosks’. As a self-contained unit, it is a combination of software and hardware to integrate all media tools comprising video, text, graphics and quality sound. It includes a touch sensor and a monitor on which the […]

How Would a PGDM in Finance Help?

If there’s any specialization in PGDM that has remained evergreen, it is this. Finance has remained a management major that has been well tested by the waters of time and came out victorious. The question hence arises, how come? The thing about management studies is that it is so much industry-centric, that the choice of […]

Decoding a Profit Center

A Profit Centre is a segment of a business, often called division that is responsible for both revenue and expenses. In a non-profit organization, the term `revenue centre' may be used instead of profit centre' as profit may not be the primary objective-of such an organization. In other words, a profit centre is a responsibility [...]