Can RBI curb India’s fake loan app crisis?

The central bank has promised regulations for digital lending soon, but these are unlikely to help in tackling outright fraudulent entities.

26 July, 20227 min
0
Can RBI curb India’s fake loan app crisis?

You may also like

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

Business
Story image

MBA Job Market Revival Signals New Opportunities

The MBA job market is seeing an uptick in hiring after some years of slowdown. Here’s why this recovery signals not just a return to normal, but a chance for graduates to align with emerging opportunities amid a changing business landscape.

Business
Story image

Karnataka Bank urgently needs a permanent CEO

For the past three months, the Mangaluru-based private sector lender hasn’t had a full-time chief executive. But finding a successor is as important as fixing the bank’s worrying financials.