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......
In FY24, loans given out by such firms had topped a whopping Rs 146,517 crore, up by 49 per cent year-on-year and spread over 10.19 million accounts (up 35 per cent). Illustration: Dominic......
The banking regulator was uncomfortable with the runaway pace at which consumer credit was growing. Illustration: Dominic Xavier/Rediff.com Tucked away in the 'Report on Trend and Progress of......
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......
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 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......
Wedding.con is a watchable show, if only to caution people about the latest scams, notes Deepa Gahlot. If there is a lucrative field left unregulated, con men will inevitably worm their way in.......