Banking Geek. Interesting history & fascinating future of banking. Juggler 🤹♀️ Shuffler 🔀 Building human centric business banking stack for MSMEs
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Jan 31, 2022 • 21 tweets • 7 min read
Some interesting findings from Economic Survey 2021-22 published today!
Here we go!
Indians pay 3x through UPI compared to what they withdraw from ATMs
Mar 25, 2020 • 25 tweets • 7 min read
@HDFCBank_Cares is a giant in its own sense. Financial companies look up to #hdfcbank & Mr. Puri's management style. But we all know nothing endures for ever. Here's a story of a equally prominent Indian bank of its time that is still functional but hardly anyone cares
This bank was registered in December 1911 with a paid up capital of meagre 20 lakh. It was founded by a Parsi who started his banking career with Bank of India as an accountant. In those days, even if BOI was Indian sponsored, key managerial positions were all held by Europeans
Feb 29, 2020 • 45 tweets • 9 min read
This March I will complete 7 full financial years in banking. As they say - if you can't simplify and teach, you don't understand it yourself. Here's my small attempt to simplify and explain a bank's business model. Here's my version of story of banking.
(warning: long thread)
Every story has a history and story of banking is no different. We need to understand where we came from to understand where we are going. This is my fav part anyhow.
Nov 30, 2019 • 23 tweets • 5 min read
SBI Cards DRHP is actually a gold mine for understanding payments landscape of India and throws some interesting insights about why credit card industry is one of the most lucrative business in financial world! A thread.
There are total 74 players offering credit cards in India. But like most industries, it's heavily dominated by 4 top players - HDFC B, SBI Cards, ICICI B & Axis B. These 4 top players have combined market share of 72% by number of Credit Cards & 66% by Credit Card spends.
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