Showing posts with label indira gandhi. Show all posts
Showing posts with label indira gandhi. Show all posts

Thursday, July 14, 2022

14: Emergency



यस्तै हो भने फेरि सभापति उठ्छु: देउवा

It’s extremely difficult to get a banking license in the U.S.—short of buying a bank—so most fintechs could not legally operate without partnering with a regulated entity. The second is that consumer fintechs, because they aren’t banks, can’t rely on a net interest margin business model and instead rely heavily on interchange fees to make money. ......... By partnering with smaller banks, fintechs could bypass licensing logistics and benefit from the higher interchange, creating fertile ground for fintech growth. The partner bank model was born: small banks lend out their charters to powerful fintech players. This allows fintech companies to offer financial products legally while also driving deposit and revenue growth for the partner banks. In fact, these banks consistently have better ROE and ROA metrics than the industry average. ....... Fintechs needed to build secure infrastructure that would allow their modern platforms to speak to bank back-end systems (many of which are still run on mainframes and rely on COBOL, a dying programming language popular in the 1960s), as well as meet compliance requirements. As a result, most early fintechs found themselves spending up to two years—and millions of dollars—just building connections into their partner banks’ legacy infrastructure. .......... Because partnering banks don’t have internal software development muscle, nearly all of the building burden fell on the startups—and this is where another significant pivot happened. Realizing the broad applicability of the pain they experienced, many of the startups that started out as direct-to-consumer service models shifted to become infrastructure businesses and provide what they’d built to other companies looking to offer financial services. For example, Marqeta started as a pre-paid gift card business before it moved into card issuing as a service. It wasn’t long before these re-imagined fintechs realized that there was (and is) enough breadth in the fintech ecosystem that they can thrive in serving other fintechs, not just banks—which are typically painful to sell to. .......... Fast forward to today, there is now a robust toolkit of fintech infrastructure players that are API-first and developer-focused for anyone looking to build financial products. Their services include data aggregation, identity verification, know-your-customer/anti-money laundering (KYC / AML), card issuing, banking as-a-service, among others. With all the innovation on the infrastructure layer, there now exists a set of modular lego boxes that can be recombined to create new financial products and experiences.





How the Durbin Amendment sparked fintech innovation the idea is that a movement meant to instill change for a specific purpose yields changes, unexpectedly, somewhere else. One of the best examples of this in fintech is the unanticipated consequences of the Durbin Amendment, a 2010 legislation that is making waves in the startup world more than a decade later. ......... a Senator’s bid to protect the people birthed the modern fintech industry as we know it today ........ By June 2009, only 22% of Americans surveyed said they had confidence in banks. ....... professionals departed struggling financial institutions in droves, flooding the talent market. While they might have been done with big banks, many recognized the value of joining their expertise with technology startups—or founding their own. ......... It’s expensive for banks to service deposits. The annual cost to a bank of servicing a checking account is $250-400 a year. These high fixed costs render about 40% of checking accounts unprofitable. .......... Non-finserv companies such as marketplaces, social platforms, and software providers can offer financial services through third-party partners without being subject to direct regulations. These products tend to be of higher quality, more tailored to individual needs, and more affordable. Traditional banking institutions, facing robust competition, have been forced to modernize their tech stacks and business models.

Thursday, July 23, 2015

बीपी कोइराला ले गरेको सबैभन्दा ठुलो गलती

बीपी कोइराला को अर्को पक्ष
सिक्किमका मुख्यमन्त्री नरबहादुर भण्डारीजस्तै बीपीलाई नेपालमा स्थापना गराउने कुरो तत्कालीन प्रधानमन्त्री इन्दिरा गान्धीबाट आएको र भारतमै बसेर नेपालको प्रजातन्त्र स्थापनाको लडाइँ लडिरहेका बीपी त्यसपछि भारतको नियतबाट झस्केको अनुमान पनि गरिन्छ।

सिक्किम भारत को उपनिवेश होइन। भारत लोकतन्त्र हो। सिक्किम त्यस लोकतंत्र को एक हिस्सा हो। सिक्किम को सांसद यदि त्यति नै सक्षम छ भने भोलि त्यो सारा भारतको प्रधान मंत्री सम्म बन्न सक्ने हुन्छ। त्यसो भएको खण्डमा सिक्किमले सारा भारत माथि शासन गर्यो भन्ने अर्थ लाग्दैन। त्यस व्यक्तिले सिक्किम लाई मात्र होइन सारा भारत लाई हेर्नु पर्ने हुन्छ। सारा भारत का लागि राम्रो गर्नु पर्ने हुन्छ।

नेपालमा लोकतंत्र फर्काउने बाटो सबैभन्दा राम्रो त्यही थियो जुन इंदिरा गांधी ले देखाइन। नेपालमा त्यति बेला नै राजतन्त्र समाप्त हुन्थ्यो। तर बीपी लाई कम्निष्ट हरुले अर्ध सामन्ती भनेर त्यसै भनेका होइनन्। राजा सामन्ती, बीपी अर्ध सामन्ती। राजसँग मेरो घाँटी जोडिएको छ भन्नु अर्ध सामन्ती ले बोल्ने भाषा हो।

नेपाल भारतको एउटा राज्य हुन्थ्यो। नेपाल ले दिल्ली मा १३ वटा सांसद पठाउँथ्यो। बीपी कोइराला ले जय प्रकाश नारायण जस्ता सँग क्रियाशील राजनीतिक सहकार्य गर्न पाउने थिए। आखिर प्रवासमा बनारसमा बीपीले गर्ने गरेको त्यही होइन?

नेपाली काँग्रेस भित्र का बीपी का फैन हरु ले बीपी लाई विश्व नेता को रुपमा जुन आकास्ने गर्छन --- त्यस कुरामा दम छ अथवा थियो भने बीपी कोइराला नेपालका मुख्य मंत्री होइन सारा भारत कै प्रधान मंत्री हुन सकथे --- क्षमता को कुरो। लोकतन्त्रमा क्षमता को कुरो हुन्छ।

बीपी कोइराला ले गणतंत्र बिनाको लोकतंत्र को कुरा गरे। त्यो लोकतंत्र नबुझेको कुराको प्रमाण हो। बीपीले लोकतंत्र नबुझेको कुराको अर्को प्रमाण के भन्दा नेपाल लाई सिक्किम बनाउने कुरा नमान्नु। त्यो चीनले तिब्बत खाए जस्तो हुने थिएन, र अहिले पनि हुँदैन।

अहिले पनि नेपाल लाई भारतको राज्य बनाउनु नै नेपालको आर्थिक विकास का लागि सबै भन्दा राम्रो हो।  होइन भने भारत अमेरिका बन्छ, नेपाल छेउ मा भएर पनि अझै दुई चार पुस्ता हेटी भएर बस्छ। 

बीपी कोइराला, प्रचण्ड र नेपालको राष्ट्रियता
राष्ट्रियता भनेको के?
बीपी को संवैधानिक राजतन्त्र प्रतिको रटान गलत थियो
लोकतंत्र, बीपी, संघीयता, गजेन्द्र नारायण सिंह
गिरिजा लोकतंत्र प्रति गद्दार मान्छे
लोकतंत्र र संघीयता: Atom र Molecule
नेपाली काँग्रेस मा राणा शासन
नेपाली काँग्रेस र मधेसी समुदाय
मधेसी किल्ला र मधेसका २२ जिल्ला र अमरेश
मधेसी क्रान्ति ३ कति बेला र केका लागि?