All is not well with India’s BNPL frenzy

BNPL startups have Indians taking loans for cab rides and dinner parties. With the spotlight now on questionable practices, the RBI is calling them in.

25 February, 202216 min
0
All is not well with India’s BNPL frenzy

You may also like

Business
Story image

Why Kotak Mahindra Bank is in a hurry to swallow IDBI

As growth flatlines, acquisition of the government-controlled lender may be the only way out for the Uday Kotak-promoted bank to stay relevant.

Internet
Story image

It’s HUMAIN all the way at the desert Davos

Highlights from Saudi Arabia’s flagship FII conference, Tabby’s new valuation and UAE government bonds, among other updates.

Business
Story image

Ujjivan has to change its DNA for a universal banking licence

Cutting its decades-old reliance on microfinance loans is the only way the SFB can meet the regulator’s conditions for transitioning to a full-fledged bank