Fintech companies believe that the impact of Reserve Bank of India's order last week on unsecured loans will be visible in six to 12 months and prompt them to diversify and strengthen their secured......
'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......
Digital lending apps extend small amounts at exorbitant rates. Payment delays invite messages to customer or close family members, often with sensitive information such as Aadhaar and PAN Card......
A user just needs to download any app floated by such fraudsters and apply for instant loans. These apps are mainly concentrated on Google Play considering the reach and popularity of Android......