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Tuesday, December 24, 2024 | 09:52 AM ISTEN Hindi

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Page 3 - Digital Lending

Payment aggregators to approach RBI regarding new digital lending rules

Under the new rules, the loans can go directly from regulated entities like banks to the customer accounts. This has eliminated the requirement of payment aggregators in these transactions

Payment aggregators to approach RBI regarding new digital lending rules
Updated On : 24 Aug 2022 | 11:12 AM IST

MeitY in talks with Play Store on digital lending app malpractices

The developments come a week after the Reserve Bank of India recommended a law for Banning of Unregulated Lending Activities (BULA) to safeguard borrowers

MeitY in talks with Play Store on digital lending app malpractices
Updated On : 19 Aug 2022 | 11:58 PM IST

Uni Cards suspends services days after RBI tightens digital lending norms

"This process will begin in phases for our customers starting today and will be concluded by Monday," the company stated

Uni Cards suspends services days after RBI tightens digital lending norms
Updated On : 19 Aug 2022 | 11:37 PM IST

Explained: What are RBI's new norms for digital lending in India?

Digital lending involves giving and recovering loans through web platforms or mobile apps. Here are the new regulations and why they have been introduced

Explained: What are RBI's new norms for digital lending in India?
Updated On : 19 Aug 2022 | 8:10 PM IST

India aims to copy China, but unbridled digital lending off policy agenda

The Reserve Bank of India's recently released guidelines for app-based loans show a clear desire to rein in the industry after its pandemic-era excesses

India aims to copy China, but unbridled digital lending off policy agenda
Updated On : 19 Aug 2022 | 8:07 AM IST

The path to greater financial inclusion

Data for 2021 suggest that at least 76 per cent of the global population holds a bank account

The path to greater financial inclusion
Updated On : 14 Aug 2022 | 7:18 PM IST

RBI's digital-lending rules: Paytm's BNPL biz may need operational tweaks

Analysts have said that they will be watchful of the operational impact of the new norms, especially on customer convenience of the payment firm

RBI's digital-lending rules: Paytm's BNPL biz may need operational tweaks
Updated On : 13 Aug 2022 | 12:02 AM IST

RBI guidelines may lead to high compliance cost for digital lending apps

Industry associations are likely to approach the RBI to weed out any interpretational ambiguity

RBI guidelines may lead to high compliance cost for digital lending apps
Updated On : 11 Aug 2022 | 11:19 PM IST

Regulating digital lending

Rules are in the right direction

Regulating digital lending
Updated On : 11 Aug 2022 | 10:32 PM IST

RBI issues digital lending norms, reserves space for regulated entities

Only entities regulated by RBI or other bodies permitted by law can carry out digital lending, says RBI

RBI issues digital lending norms, reserves space for regulated entities
Updated On : 11 Aug 2022 | 1:00 AM IST

RBI tightens digital lending norms to prevent charging of exorbitant rates

Companies cannot increase users' credit limits without their explicit consent, says RBI

RBI tightens digital lending norms to prevent charging of exorbitant rates
Updated On : 10 Aug 2022 | 8:32 PM IST

Top headlines: Hindalco Q1 net jumps 48%; RBI's digital lending guidelines

The Reserve Bank of India (RBI) on Wednesday released its guidelines for digital lending, listing companies allowed in the business, the rules for loans and data collection, and how fee is charged

Top headlines: Hindalco Q1 net jumps 48%; RBI's digital lending guidelines
Updated On : 10 Aug 2022 | 5:52 PM IST

Future of fintechs is in lending-led players, not payments: Report

With the funding to fintechs seeing a sharp 30 per cent drop in the June quarter, valuation is expected to shift from payments to lending-led fintechs, according to a report

Future of fintechs is in lending-led players, not payments: Report
Updated On : 29 Jul 2022 | 1:40 PM IST

BNPL credit facility used without caution can lead to a debt trap

Understand all the attendant costs of this facility; delayed repayment will hit your credit score

BNPL credit facility used without caution can lead to a debt trap
Updated On : 24 Jul 2022 | 8:21 PM IST

Don't exceed your licence brief: RBI governor Das tells fintech firms

The RBI's notification regarding PPIs had sent the entire fintech world, especially the buy now pay later (BNPL) industry, into a tizzy

Don't exceed your licence brief: RBI governor Das tells fintech firms
Updated On : 23 Jul 2022 | 1:01 AM IST

Digital lending firms should operate under licence granted: RBI governor

Central bank last month banned the loading of prepaid payment instruments from credit lines

Digital lending firms should operate under licence granted: RBI governor
Updated On : 22 Jul 2022 | 1:58 PM IST

Loan disbursements for Paytm up nine-fold to over Rs 5,550 crore

The number of loans disbursed through our platform grew 492% y-o-y to 8.5 million loans in the quarter ending June 2022, while the value of loans disbursed grew 779% y-o-y to Rs 5,554 crore ($703 mn)

Loan disbursements for Paytm up nine-fold to over Rs 5,550 crore
Updated On : 12 Jul 2022 | 1:20 AM IST

DeFi can't hold a candle to the centuries-old trust-based system hawala

Decentralized finance needs to give up on its techno-anarchist utopia, and get more real and centralized. Otherwise DeFi lending will enter annals of finance as failure where hawala has been success

DeFi can't hold a candle to the centuries-old trust-based system hawala
Updated On : 21 Jun 2022 | 10:40 PM IST

Most e-lending apps not registered with RBI: Governor Shaktikanta Das

The RBI website has a list of apps that are registered with it on the website, the governor said

Most e-lending apps not registered with RBI: Governor Shaktikanta Das
Updated On : 09 Jun 2022 | 3:21 AM IST

Paytm lending business records annualised run-rate of Rs 20,000 cr in April

Offline payments business accelerated as total number of devices deployed jumped to 3.2 million, with 0.3 million devices deployed in April

Paytm lending business records annualised run-rate of Rs 20,000 cr in April
Updated On : 15 May 2022 | 9:57 PM IST