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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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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…

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Gen Zers don't think dating apps are fun anymore, but this CEO thinks she's cracked the code

Wingman CEO Tina Wilson thinks voice notes left by friends are the key to attracting Gen Z users, w…

Lindsay Dodgson   


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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 …

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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. …

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RBI tightens norms for Chinese lending apps

Chinese digital loan apps were utilising the loophole in the regulatory guidelines to dupe Indian c…

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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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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   


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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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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…

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4 mins read

What we lend in the shadows

The collapse of Silicon Valley Bank has left the startup community in need of new lenders. Private-…

Dan DeFrancesco   


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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…

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Traders have invested $55 million using an app that helps them copy congressional stock portfolios

Autopilot users have invested around $55 million copying the stock portfolios of members of Congres…

Madison Hall   


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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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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   


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BharatPe forays into consumer lending with latest peer-to-peer feature

Fintech startup BharatPe, which largely focuses on merchant payments, has forayed into consumer len…

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Credit card payments company CRED launches peer-to-peer lending option for its 7.5 million users

These loans will be disbursed at a 12-13% interest rate annually. Of which upto 9% interest ra…

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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…

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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…

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INTERVIEW: After six months of lending, Sheroes founder explains how tough it is

Delhi-based women-only social network Sheroes is now expecting to go big in the lending space by pr…