Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
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Fiercely independent and pro-consumer information on personal finance.
30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
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It's far better than wasting 20 minutes to drive to a branch, 10 minutes to write a cheque, 5 minutes to deposit it, 20 minutes to drive back. In that time, I could watch one episode of Game of Thrones AND do an RTGS transfer.
Ultimately, banks will have to seek ways to make money. It's a business as much as any other. I don't mind paying fees for good & essential services. Removing these charges will means banks will have to look elsewhere to make money and pay staff. I'm not sure if this is a good move on RBI. We're moving into the digital economy and the way to incentivise this is to dis-incentivise paper or increase paper charges. Hey, we need trees!