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2 mins read

Loan sanctioning has gone digital, but recovery still needs a 'feet on the street' approach, says RBI Deputy Governor

He also highlighted one particularly concerning practice that involves the invasion of customers' p…

ANI   


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7 mins read

Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…

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6 mins read

Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…

Business Insider Latest Story Image
7 mins read

We're about to enter the Digital Dark Ages

From Gawker to the Cartoon Network, online archives are vanishing — and they're taking our cultural…

Adam Rogers   


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1 min read

Business Insider Wins Murrow Award

Business Insider was awarded an Edward R. Murrow Award for Excellence in Diversity, Equity and Incl…

Business Insider Press Room   


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2 mins read

India’s small digital businesses have a capital problem and this will only grow

Indian digital small and medium sized enterprises (SMEs) are on a growth path but suffer from a wor…

Business Insider Latest Story Image
2 mins read

FM announces credit guarantee scheme, other measures for MSMEs

The credit guarantee scheme for MSMEs in manufacturing will operate on the pooling of credit risks …

PTI   


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3 mins read

Many of the small business owners Harris is targeting say they've never heard of a key economic proposal

Five female entrepreneurs told BI they doubted most people, especially those in rural areas, know a…

Alice Tecotzky   


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2 mins read

Removed Angel Tax, taking policy measures to promote fintech sector: PM Modi

Lauding the fintechs for democratising financial services, Modi said the sector, which has attracte…

PTI   


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4 mins read

84% of Indian small businesses anticipate robust growth in 2024: CPA Australia survey

A recent Certified Practising Accountant (CPA) Australia survey has revealed an overwhelming optimi…

ANI   


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4 mins read

DBS Bank’s handcrafted solutions to empower MSMEs across India

Being a major contributor to the socio-economic development of the country, this sector has been…

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2 mins read

IIFCL profit rises 44% to highest-ever of ₹1,552 crore in FY24

He said, for the first time, the profit before tax has crossed Rs 2,000 crore. During the yea…

PTI   


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3 mins read

India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report

Several enabling forces have come together to energise this revolution. Although internet penetrati…

PTI   


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2 mins read

Moneyview and Truecaller join forces to fight against online frauds, enhance communication efficiency

Moneyview, a leading financial services company has announced a strategic partnership with Truecall…

ANI   


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2 mins read

Google has removed 2,500 fraudulent loan apps from its Play Store, says FM

The matter is also regularly discussed and monitored in the meetings of the Financial Stability…

PTI   


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2 mins read

Personal loans remain the dominant Fintech product, accounting for 96% of the total disbursement volume: Equifax and FACE

The highest number of personal loans are disbursed in less than ₹5,000 ticket size. Digital loan d…

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2 mins read

ADB approves $23 million loan to catalyze fintech development in Gujarat

According to ADB, Gujarat International Finance Tec-City (GIFT), a state-owned enterprise, serves a…

ANI   


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2 mins read

RBI governor asks realty companies to stress test their books

The governor of Reserve Bank of India (RBI) Shatikanta Das said on Wednesday that the recent measur…

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3 mins read

Going to take a digital loan? Read this before you do it

Digital loan providers take money from banks and other financial lenders and route it to people …

Ayelet Sheffey