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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
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…
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 …
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
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 …
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…
Russia says it's working with a group of countries to build a platform that doesn't need the dollar
Russian President Vladimir Putin has doubled down on phasing out the use of the US dollar and other…
Huileng Tan
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…
After firing 150 employees, crypto lending platform Celsius Network files for bankruptcy
The platform said that it initiated voluntary Chapter 11 bankruptcy proceedings to provide it with …
Cloud lending platform Lentra raises $60 million, will use funds for product strengthening and global expansion
The company said it will use the funds for products and platform strengthening and also for glob…
ICICI Bank launches digital lending solution iLens, powered by TCS
ICICI Bank launched iLens, a digital lending solution, powered by TCS lending platform. iLens digit…
RBI tightens norms for Chinese lending apps
Chinese digital loan apps were utilising the loophole in the regulatory guidelines to dupe Indian c…
Crypto trading and lending platform Vauld stops customer withdrawals, trading, and deposits
Cryptocurrency exchange Vauld on Monday announced to suspend all withdrawals, trading and deposits …
Cryptocurrency lending platform Celsius lays off a quarter of its workforce
The platform last month paused all withdrawals citing "extreme market conditions". According …
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…
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
EV financing platform Ohm Mobility raises ₹3 crore in pre-seed funding round led by Antler India
Bengaluru-based electric vehicle (EV) financing platform Ohm Mobility has announced that it has rai…
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…
World Bank praises India's digital infrastructure for its transformative potential
"The India stack exemplifies this approach, combining digital ID, interoperable payments, a dig…