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10 ARTICLES

How State Bank of Mauritius is rebuilding itself in India
With its fintech-first strategy running into regulatory problems, the five-year-old lender is banking on new leadership, improved systems and commercial banking to chart a new path.
18 Oct 2023
RBI sets a tough test for Slice-NESFB merger
The central bank’s approval is contingent on the fintech and the ailing lender fulfilling a number of conditions stipulated by it for the deal to pass muster.
12 Oct 2023
Slice to merge with North East Small Finance Bank
It’s rare for the central bank to allow a fintech company to enter the banking sector.
04 Oct 2023
ZestMoney’s failed buyout is the last nail in BNPL coffin
The concerns flagged by PhonePe owner Walmart for not going ahead with the acquisition are emblematic of all that’s wrong with the buy now pay later business in India.
04 Apr 2023
Why peer-to-peer lending needs scrutiny
Quick to tie up with fintech startups, India’s P2P lending platforms have done little to address the lack of transparency about borrowers and links with dubious loan apps.
20 Sept 2022
The RBI is going after fintechs on KYC checks
The regulator sees widely varying implementations of know your customer norms as a systemic problem.
19 Jul 2022
The scramble within India’s BNPL industry
The RBI’s circular has led to some firms stopping pay later services, others to consider pivots and a few brazening it out in the hope of getting the regulator to blink.
27 Jun 2022
RBI’s clarification is bad news for India’s BNPL sector
The industry is divided on the implications of a new rule on prepaid cards and wallets, but it looks like most pay later business models no longer work.
21 Jun 2022
All is not well with India’s BNPL frenzy
BNPL startups have Indians taking loans for cab rides and dinner parties. With the spotlight now on questionable practices, the RBI is calling them in.
25 Feb 2022
The pandemic will redefine fintech lending
COVID-19 and the national lockdown will be a trial by fire for most consumer loan startups.
27 Apr 2020