Overall, Rs 1,900 crore loans were disbursed by NeoGrowth in the financial year 2022-23
According to RBI, it will be an end-to-end digital platform with an open architecture and open APIs and standards for…
The company said its shareholders will also invest an additional $10 million by the end of the current financial year.
The funding in the Indian fintech industry declined by 40 per cent in 2022 due to factors including the global…
Financial services organizations will need to consider solutions that can help deliver more personalized customer experiences while maintaining compliance and…
Any investor who plays the Digital India theme well with the right guidance will emerge as a beneficiary in the…
Digital escrow services have helped NBFCs revolutionise the lending industry by accessing unserved and underserved areas and meeting the varied…
In its 2022 guidelines on digital lending, the Reserve Bank of India (RBI) too has asked banks and non-banking lenders…
As per industry executives, a likely reason for the order is data privacy issues, especially with apps that have Chinese…
Banned loan apps in India 2023: The Ministry of Electronics and Information Technology (MeitY) has reportedly blocked around 138 betting…
Growth of technology-powered fintech companies and lack of proper network of traditional banking systems countrywide have made digital lending a…
Digital Lending in India: To reduce mushrooming of unregulated app-based lenders, regulatory sandbox experiments may be undertaken to allow thus…
The platform claimed that it is targeting to cross an AUM of $1 billion over the next 6 to 9…
Since an instant digital loan has flexible payback terms, it enables you to manage a wedding without feeling the strain…
The burden of extensive paperwork in the traditional home loan process and the possibility of multiple visits to banks cause…
The RBI has issued fresh guidelines to address data privacy issues and end mis-selling of digital loans and unethical practices…
The RBI has recently ordained that the lending business must comprehensively clarify the scope and responsibilities across the lending lifecycle.
Due to slow processing time, lack of credit history, and tedious background checks in the country, potential borrowers struggle to…