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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   


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After UPI, RBI set to launch Unified Lending Interface (ULI) for friction-less credit

The ULI platform facilitates a seamless and consent-based flow of digital information, including ev…

ANI   


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RBI to come up with unified regulatory framework on connected lending

The Reserve Bank of India (RBI) said on Friday that it will come up with a unified regulatory frame…

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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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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 …

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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…

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World Bank praises India's digital infrastructure for its transformative potential

"The India stack exemplifies this approach, combining digital ID, interoperable payments, a dig…

PTI   


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7 mins read

OPINION: Time to scale-up nature-based solutions to forge a low-carbon and climate-resilient future for India

A report by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (I…

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BlockFi's CEO denies that Sam Bankman-Fried's FTX is nearing a deal to buy the struggling $1 billion crypto lender for $25 million

"Lots of market rumors out there — I can 100% confirm that we aren't being sold for $25 million," B…

George Glover   


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Financial Institutions Turning Towards MSME Lending

Almost every type and size of industry took a hit during the pandemic; MSMEs, however, were affe…

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From UPI innovations to digital credit potential – these are the growth drivers in Paytm’s business

Paytm has been witnessing a sustained growth in revenues, which reached ₹2,062 crores in the Dec-23…

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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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Indian startups need to conserve cash & listen to customers, say experts

As Indian startups face turbulence in the global funding winter, experts on Monday said they need t…

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5 mins read

AI can help reduce inequity in credit access, but banks will have to trade off fairness for accuracy - for now

Many firms are keen to implement AI in their credit decision-making process, but hurdles still rema…

Shannen Balogh,Carter Johnson   


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Data, a key moat of Paytm ecosystem, is getting democratised and it's not a good thing for the company

A latest report by ICICI Securities has listed out the Reserve Bank of India (RBI)’s ‘Account Aggre…

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The co-founder of a major crypto wallet says 'putting your money in cryptocurrencies is gambling'

Aaron Davis, co-founder of the digital wallet MetaMask, told Vice it's "extremely dangerous" to say…

Katie Canales   


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WhatsApp is starting lending and insurance with a number of users that Paytm, PhonePe and Amazon took years to build

At a time when digital payments are on the rise, given the pandemic enforced lockdown, the future f…

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4 mins read

Maria Elm   


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Maria Elm   


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India’s crypto tax will either send traders underground or back to stock markets, say experts

India’s 30% crypto tax could push traders to find new and innovative ways to bypass paying the taxm…