Aug 20, 2021 08:56 AM IST
Currently, bad loans don’t seem to be a concern. This trend represents both an opportunity and threat for traditional lenders
- Aug 11, 2021 11:37 AM IST
An RBI working group is expected to submit its report on digital lending regulations soon. Will the new rules clip the wings of digital lenders?
- Aug 06, 2021 02:13 PM IST
On January 13, the RBI constituted a working group to study digital lending, including lending through online platforms and mobile apps. The working group will study all aspects of digital lending activities in the regulated financial sector as well as by unregulated players so that an appropriate regulatory approach can be put in place, the RBI said.
- May 28, 2021 10:25 AM IST
Early estimates suggest an up to 15 per cent drop in collections between March and May
- Mar 12, 2021 11:36 AM IST
In January, Google said it reviewed hundreds of personal loan apps in India and those who were found violating the user safety policies were immediately removed from its play store.
- Jan 14, 2021 11:36 AM IST
Payday lending needed some rules, especially around terms of interest rates charged, industry insiders say. Now that the RBI has set up a committee, some action can be expected.
- Jan 13, 2021 04:26 PM IST
The working group will study all aspects of digital lending activities in the regulated financial sector as well as by unregulated players so that an appropriate regulatory approach can be put in place.
- Jan 05, 2021 07:52 AM IST
The industry association has pointed out that most of such entities are unregulated, unscrupulous players who need to be barred by the RBI. However, it admits that some course correction is required for startups themselves as well.
- Dec 24, 2020 05:38 PM IST
The difficulty borrowers face in repaying their loans is forcing many fintech lending startups to restructure loans and show them as ‘standard assets’ as the year draws to a close.
- Jun 02, 2020 11:32 AM IST
Innovation and technology can help the Indian MSME sector survive the current financial crisis, but for that fintech lenders which have been impacted themselves, need regulatory and government support.
- Mar 23, 2020 10:25 AM IST
Players see delayed repayments, slowing demand for loans and problems in collections
- Aug 22, 2019 05:29 PM IST
In April, SBI announced tie-up with Paisalo Digital for disbursement of loans with ticket size of Rs 10,000 to Rs 2 lakh in agriculture and small and medium enterprises.
- Jul 20, 2018 05:38 PM IST
The report provides insights on the decision making journey of the Indian loan seeker and lists the imperatives for industry participants in the lending ecosystem to capitalise on this opportunity.