The RBI is set to crack down on P2P lending
The central bank has serious concerns about how peer-to-peer lending companies are marketing themselves and partnering with fintechs—and regulatory action is imminent.
10 November, 2023•11 min
0
10 November, 2023•11 min
0
More in Internet
Internet
AI’s gut punch to the news media business
First came the loss of advertising and distribution power. Now AI has slashed the cost of content—dealing a body blow.
You may also like
Business
Why IndusInd Bank promoter Ashok Hinduja was never really in the dark
As the private lender reeled from serial scandals, Hinduja insisted he was merely a shareholder. Board-level links, conflicts of interest and regulatory blind spots suggest otherwise.
Business
Banking on growth in 2026
A tumultuous year comes to a close for Indian banks, as they await a revival in borrowing in the new year.
Business
Why Kotak Mahindra Bank is in a hurry to swallow IDBI
As growth flatlines, acquisition of the government-controlled lender may be the only way out for the Uday Kotak-promoted bank to stay relevant.