Your money will be digital. Will it be smart?

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It’s fun to watch young children learn to handle cash by buying an ice cream and giving us back the change. But there will be nothing adorable about being surrounded by machines that need equally patient hand-holding when it comes to using money, like making sure our refrigerator stocks up the right vegetables in correct … Read more

Kotak Mahindra Bank: Northern Arc Capital gets Rs 40 crore from Kotak Mahindra Bank

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KOLKATA: Non-bank lender Northern Arc Capital has received Rs 40 crore of debt from Kotak Mahindra Bank, the company announced Monday. The facility is backed by partial guarantees from Michael & Susan Dell Foundation and Rockefeller Foundation. The transaction is part of the covid-response package of both these impact institutions, that aims to alleviate the … Read more