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RBI to set up public repository of digital lending apps to check unauthorised players
In a post-monetary policy review address, RBI Governor Shaktikanta Das said the central bank has ta…
PTI
Thinking of getting a personal loan? Adani group might have something for you
The Adani One app, developed by Adani Digital Labs Ltd, debuted in December 2022 focusing on airpor…
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
The Indian e-commerce market is growing at the rate of knots courtesy rapid digital transformation
India has cemented its position as a pioneer in developing and integrating digital infrastructure. …
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 …
From adaptation to transformation – Lessons from Freecharge’s digital transformation
To call the transition of the last few years from in-office to remote work to hybrid a steep learni…
RBI tightens norms for Chinese lending apps
Chinese digital loan apps were utilising the loophole in the regulatory guidelines to dupe Indian c…
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 …
Even in the digital age, banks need brick and mortar presence, especially in Hindi heartland
In the age of digital banking, there are very few reasons to step into the bank. Even if one decide…
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
Google for India – Sachet loans to credit on UPI, tech giant bets on lending
Search giant Google has made several major announcements for India at their annual Google for India…
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
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…
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…
Corp affairs ministry probing Chinese cos linked to loan apps; investigations at advanced stages
The corporate affairs ministry is probing various Chinese companies, especially those with links to…
PTI
M2P Fintech acquires Cloud lending platform Finflux to boost digital lending capabilities
With this acquisition, Chennai-headquartered M2P Fintech said it will accelerate the adoption of ne…
What is cryptocurrency? What to know about this increasingly popular digital currency before investing
Cryptocurrencies are decentralized, digital currencies that use blockchain technology to manage tra…
Louis DeNicola,Tessa Campbell
Indians resort to loans from lending apps for emergencies and medical expenses
Nearly nine in 10 customers in India use fintech lending apps to take loans for emergencies, medica…
Axis Bank to tie up with ITC to offer rural lending products to farmers
The collaboration will help Axis Bank bank to leverage ITCMAARS, an agri-tech application to addres…
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…