LenDenClub is flouting RBI rules to run its business
The P2P lending platform is the only one that is still doing substantial business after the central bank tightened the rules last August, virtually shutting down the sector. It has carried on as though the new rules don’t exist.
12 February, 2025•12 min
0
12 February, 2025•12 min
0
Getting your Trinity Audio player ready...
More in Internet
Internet
How WHOOP became the Gulf’s must-have wellness accessory
The screenless fitness band has turned into a Gulf-wide phenomenon—powered by regional capital, health culture and a tech-savvy consumer base.
You may also like
Business
HDFC Bank’s supposed can of worms needs to be opened and investigated
Atanu Chakraborty’s resignation does not appear as damaging as the bank’s response to it. The ‘all is well’ narrative needs an independent audit.
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.