Union Budget 2024-25, government’s first major policy announcement post assuming office for the third term, is another leap forward towards leveraging India’s true economic potential. The Hon’ble Finance Minister has yet again displayed commendable stewardship by doing a fine...
Having sensed the opportunity right, several companies in India have also begun adopting the A.R.T approach to running a successful business instead of working in silos and reinventing the wheel.
The transformation towards a more digitised economy encompasses five key elements: consumer payments, digital lending, internal transformation, evolution of financial inclusion into greater economic inclusion and collaboration between banks and fintech.
The banks must have the freedom to offer differentiated wages and salary to employees working in different geographies and their emoluments must be linked to their productivity.
The United States, United Kingdom, Hong Kong, Japan, Singapore and China have all provided alternative platforms for emerging companies, with less onerous disclosure and other requirements, compared to main market listings.
With A1+ rated Commercial Papers being the norm, it is time the market is expanded to include A1 as a means to optimize cost for issuers and at the same time extend a measured means of enhancing returns.