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While the pilot of the platform focused on digitalisation of Kisan Credit Card loans, the program will be extended to MSME loans, personal loans,...
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While the pilot of the platform focused on digitalisation of Kisan Credit Card loans, the program will be extended to MSME loans, personal loans,...
India will set up a National Financial Information Registry to “serve as the central repository of financial and ancillary information.”
Non-banks issuing prepaid payment instruments (PPIs) like wallets and prepaid cards cannot offer customers a credit line, RBI said.
This sends a strong message to others in the digital lending space.
The first two cohorts under the RBI's sandbox pertained to regulations on other issues like retail payments.
IndiaLends will build its lending-as-a-Service platform over the coming months which will allow any third-party entity to integrate a loan marketplace within their platform...
We missed this earlier: In a June 24 notification, the Reserve Bank of India warned banks and Non-Banking Financial Companies working with digital lending...
PayPal backed Tala has raised $110 million in a series D funding, led by RPS Ventures, with participation from GGV Capital and existing investors...
The Delhi High Court has sought responses from the Reserve Bank of India (RBI) and Paytm to a public interest litigation suit that questions...
Flipkart is working on a video-based know your customer (KYC) method to offer instant loans to customers on its platform, the Economic Times reported....
