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Madhusudan Ekambaram

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Fintechs may shift to secure products after RBI order on consumer loans

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......

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......

RBI to crack whip on recovery agents, calls for restricting messaging apps

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......

Centre, states team up with RBI, Big Tech to fight Chinese lending apps

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......

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The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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