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Tete-a-tete with Abhishek Agarwal, Co-Founder, Bold Kiln
Bold Kiln is a company, co-founded by Ankit Pandey and Abhishek Agarwal, that enables start- ups to develop into full-fledged businesses by providing an array of services that anyone who decides to take on the entrepreneurial route might find themselves in need of. We caught up with Abhishek and tried to find out more about his journey. Q1. Firstly, a […]
Commissions not float-the hidden goldmine in banking
At a very conservative estimate, ATM transactions costs banks between Rs 5-10(this includes fixed costs like security/rent/infrastructure and variable cost of transaction processing/cash replenishment). But when the same customer directly swipes his debit card(on which many banks charge a nominal annual fee), the bank earns a commission of around 1%(the balance would go to the bank owning the Point of […]