Instant digital loans: convenience comes with a heavy cost
After a crackdown on predatory Chinese loan apps, established local players like Paytm have entered the market for short-term loans—but with annualized rates as high as 50-60%.
29 August, 2023•13 min
0
29 August, 2023•13 min
0
Getting your Trinity Audio player ready...

More in Internet
Internet
Beyond The MBA: Skills That Win Placements & Build Careers
Placement season is intense. But what makes a difference are the skills underlying your resume, which help both in landing a job and growing beyond it.
You may also like
Business
The Rs 590-crore blame game at IDFC First Bank
Divergent narratives from the Haryana government and the lender raise deeper questions on oversight, authorizations and systemic lapses—answers that may emerge only after a forensic audit.
Business
Exclusive: Jana Small Finance Bank to reapply for universal bank licence in May
The Bengaluru-based lender is once again gearing up to seek the RBI’s nod after the central bank returned its application last year.
Business
CSB Bank’s deposits are a ticking time bomb
The Kerala-based bank has been chasing costly and risky bulk term deposits amid tanking profitability.








