SBI, Axis Bank, YES Bank set to disrupt the market by targeting non-customers
RBI’s scrutiny on NBFCs
In June 2022, the RBI allowed the linking of RuPay credit cards with the UPI, making it the only UPI-linked…
While National Payments Corporation of India (NPCI) has not officially disclosed volumes for credit on UPI, industry experts acknowledge that…
Aditya Birla Capital is the holding company for the Aditya Birla group’s financial services business and owns various operating entities.
The RBI has increased scrutiny of P2P lending platforms after they were said to have flouted guidelines by underplaying risks…
In October 2021, RBI issued scale-based regulations, which classified NBFCs on the basis of size, activity, and perceived weakness. According to…
‘But as far as the company is concerned, we are working fine even with an interim chief executive officer. There…
Inability to participate in co-lending activities, unviable business models make players re-think deposit mobilisation.
‘There is a lack of infrastructure development in some of the eastern states, which is one of the major causes…
Banks’ loans against gold jewellery have soared 206% to Rs 1 trillion at the end of the third quarter of…
Others like Spandana Sphoorty Financial and Satin Creditcare Network also plan to cut rates across categories soon.
The net fee income from these new segments is expected to be around 0.1-0.2% of the company’s standalone average assets…
The MPC also states that risks to this projection are evenly balanced.
If approved, this would allow Paytm to continue processing payments via Unified Payment Interface (UPI). However, it will need a…
In addition to bureau data, Suvidha utilises a special scorecard that Muthoot Microfin has developed along with Equifax. The service…
According to reports, PPB has around 40 million merchants on its platform. The payments bank has around 350 million e-wallets.…
The economy today is doing well and there is enough demand, supply and production, although there are some challenges on…
