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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The central bank has promised regulations for digital lending soon, but these are unlikely to help in tackling outright fraudulent entities.
Ashwin here. Last week, just a few days before Reserve Bank of India governor Shaktikanta Das indicated that the central bank would issue guidelines to regulate digital lending soon, I got an intriguing message from an anonymous Twitter account. “Loan app RupeeWay… Do you have any details on them? Because I have been harassed and threatened every day,” it read. I replied immediately asking for details, but got no response.
As a reporter, receiving such distress messages is not uncommon. For the last two years, I have been consistently reporting on the perils of unsupervised digital lending in India. I …
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
The Rs 250 SIP was launched last year by the former SEBI chairperson with one clear goal: financial inclusion. More than a year later, the much-hyped scheme doesn’t seem to have caught on with MF investors.
