RBI’s assault on unsecured lending sends fintechs scrambling
The central bank’s recent order to raise risk weightage for unsecured consumer loans has pushed leading fintech lenders to rethink core business strategies and look for funds.
25 February, 2024•12 min
0
25 February, 2024•12 min
0
Getting your Trinity Audio player ready...
More in Internet
Internet
RBI’s fraud fix could give banks a headache
The regulator’s proposals to introduce checks and safety features in instant payments, if implemented, may end up testing banks.
You may also like
Internet
RBI’s fraud fix could give banks a headache
The regulator’s proposals to introduce checks and safety features in instant payments, if implemented, may end up testing banks.
Internet
Fintech giant Revolut’s India ambition needs a dose of reality
The UK-based company will have to go above and beyond to survive a fiercely competitive and price-conscious market with strict regulations.
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.
