Farmer takes on cybercriminal, recovers lakhs lost in fraud

Pawan Kumar Soni, a 55-year-old farmer based in Sri Ganganagar City in Rajasthan, became a victim of a cyber fraud when his 26-year-old son Harsh Vardhan opened a link from a phishing message that......

'We want to build best housing finance company of future'

'Opportunity is there in each segment of the market. There is opportunity in affordable and specifically governed by government initiatives as well as for housing for all.' Photograph: Kind......

MFIs' asset quality takes heatwave hit

The asset quality of microfinance portfolios worsened in the quarter ending June 2024 due to the impact of heatwaves on borrowers’ incomes and collections, coupled with rumours of loan......

'Idea behind SROs is not to make them more regulatory'

'One of the aspects for transparency and fair governance is to give the industry being represented the chance of lobbying with the regulator.' Photograph: Francis Mascarenhas/Reuters In March, the......

Why RBI Cracked Down On P2P Lending

Following a review of peer-to-peer (P2P) platforms, certain issues -- including high non-performing asset levels, significantly high balances in escrow accounts, and non-compliance with net owned......