According to experts, a significant arbitrage exists between the nominal interest rate on fixed deposits (FDs) and retail inflation, making them attractive for investment
Centrum Capital is reportedly considering selling its stake in Centrum Housing Finance, its mortgage financing business. Centrum holds a 74% stake, while Morgan Stanley PE Asia holds around 25%. The potential sale is driven by RBI directives following Centrum s acquisition of PMC Bank, which require Centrum to divest its majority stake in the housing finance business
Modern banking depends on quick decision making, using a technology spine. A fintech firm, especially a unicorn, enjoys this technological advantage. With a robust capital parentage, such a firm can harness a moat-ensuring banking licence to carve a sizeable share of the loan pie.