banks

Are Indian banks underestimating the problem of unsecured loans?

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Are Indian banks underestimating the problem of unsecured loans?

In today’s Finshots, we take a look at how India’s soft credit interest rate is starting to show its wings. Also, here are some side words before we begin. This weekend, we are holding a free 2-day Insurance Masterclass that helps you build true financial security by understanding health and life insurance the right way. … Read more

The fastest growing banks in the world are in Africa, but the revenue of $100 billion tells only part of the story.

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The fastest growing banks in the world are in Africa, but the revenue of $100 billion tells only part of the story.

But under the headline image there is a more complex reality: strong growth, high profits, however much of the speed is uneven, concentrated, and partly destroyed by currency fluctuations. A new report by McKinsey & Company shows that the banking sector in Africa generated about $99 billion in 2024 and is estimated to reach about … Read more