Coming Soon: Cibil-Like Rating For Drivers

The plan is to offer the ratings of drivers to insurers, which can then customise their premiums -- a higher score meaning a lower premium, for instance, and vice-versa. IMAGE: Kindly note the......

Digital Loan Apps: Boon Or Bane?

For the time being, digital lending remains a grey area, notes Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff.com   During a visit to Kolkata in December, I decided to drop by a bar......

Why RBI Is Worried About The Rise In Personal Loans

In the June quarter of FY24, 51 per cent of consumers who took small-ticket personal loans already had more than four credit products at the time of accessing yet another new loan, compared with......

Fintech Lenders Gave Rs 29,875 Crore

'The last year's growth is a foretaste of things to come in the retail credit market.' Illustration: Uttam Ghosh/Rediff.com   Did you know that fintech lenders gave out Rs 29,875 crore (Rs......

Banking Stocks: Time To Tread Cautiously

The sector seems set for a rally that may be somewhat temporary. Illustration: Uttam Ghosh/Rediff.com Analyst previews of the banking sector are fairly optimistic despite the macro deterioration.......