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2 mins read
Digital lending platforms see 3x year-on-year rise in disbursals to ₹14,016 crore in Q2 FY23
Fintechs issuing digital loans witnessed an over three-fold disbursal growth in Q2. The number and …
2 mins read
Shaktikanta Das wants lending apps to 'follow the rules of the game'
Warning against mushrooming of lending apps and their usurious recovery prices, the Reserve Bank sa…
PTI
2 mins read
One in two Indians face extortion and data misuse thanks to instant loan apps
More than one in two Indian consumers who use instant loan apps are facing very high interest charg…
3 mins read
After Twitterati scream foul about pesky calls, RBI says 'will look into it'
Bajaj Finserv is planning to come up with a "right to be forgotten" feature which will enable users…
3 mins read
Measures taken by IIFCL to keep bad loans under check: Parliamentary panel
The company has put in place a Board approved Management Policy which lays out the Directives…
PTI
2 mins read
Google says it has removed several loan apps in India after RBI takes steps to curb fraud in digital lending
Tech giant Google today said that it has reviewed hundreds of loan apps in India and has also remov…
1 min read
Consumer complaints need to be resolved quickly, says RBI Governor
The central bank governor said he was concerned about rising customer grievances, despite the …
4 mins read
Now, tourists from G20 countries will get to use UPI instead of cash in India
RBI announced that inbound travellers to India from G20 countries will be able to use UPI for merch…
2 mins read
Paytm Payments Bank gets final nod from RBI to operate Bharat Bill Payment System services
Paytm Payments Bank Limited (PPBL) received final approval from the Reserve Bank of India to operat…
ANI
2 mins read
Alibaba exiting India? Paytm among other Alibaba-owned stocks seeing selloff
Paytm's stocks on Thursday saw a sharp downside movement after a block deal that took place where 2…
ANI
1 min read
India’s central bank warns people against unauthorized digital lending apps that promise quick loans
“Legitimate public lending activities can be undertaken by banks, non-banking financial companie…
1 min read
Ashneer Grover slams RBI over recent mandate
Ashneer Grover, who was sacked along with his wife Madhuri Jain Grover by fintech platform BharatPe…
4 mins read
RBI governor’s recipe for banks of the future: Oodles of social media, new tech & a dash of human touch
RBI Governor Das says banks must equip themselves for the future
2 mins read
RBI is hiring 294 officers with a starting pay scale of ₹55,000 per month, apply before April 18
RBI is recruiting 294 Grade B officers across various departments. The last date to apply for the o…
1 min read
India’s central bank to monitor digital lending, says recent spurt of lending apps has raised serious concerns
India’s central bank has set up a working group to monitor digital lending in the country. The grou…
8 mins read
Improving workplace decorum – ‘RBI’s recommendations can be seen as onerous but we have to move in that direction,’ says Yes Bank’s CEO
CEO of Yes Bank, Prashant Kumar, has stated that if a bank wants to be customer-centric, it also ne…
2 mins read
PhonePe first player to enable UPI activation with Aadhaar
Leading fintech platform PhonePe on Wednesday announced it has enabled UPI activation using Aadhaar…
1 min read
A 90 year old NRI loses ₹10 lakh to a cyber thug in UP
A 90-year-old NRI was duped of Rs 10 lakh by cyber thugs who asked him to download an app and pay R…
3 mins read
Bank of Baroda enables digital loans through the Account Aggregator framework – here’s what it means and how to use it
Bank of Baroda today announced the rollout of digital loans through the Account Aggregator framewor…
2 mins read
PhonePe moves domicile from Singapore to India
PhonePe moves domicile from Singapore to India