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This sends a strong message to others in the digital lending space.
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This sends a strong message to others in the digital lending space.
Airtel grabs minority stake in cloud networking solutions firm Bharti Airtel has become a minority shareholder (7 percent stake) in cloud-based networking solutions provider...
Govt to unveil non-personal data framework in 10 days: IT Minister A framework comprising the use of non-personal data will be released by the...
The instant loan app's privacy policy had trouble written all over it.
Researchers tracking loan apps indicate that this isn't an isolated incident given that there are no regulations in place.
Despite roots in stock trading, the fintech company will now be joining players like CRED and may enter neobanking too.
Vaishnaw's comments come days after the RBI came out with its report on regulating digital lending.
Predatory loan apps targetting gullible borrowers are thriving in India's unregulated waters, but that may not be for long.
Read the recommendations made by the working group set up by the RBI to study all aspects of digital lending.
Google's Play Store policy for apps like Loan Home operating in India is set to change on September 15.