P2P companies pause new business, see adverse impact from latest RBI diktat
“Fintech is dead. Long live the banks,” said a founder of a large peer-to-peer (P2P) lending company on the recent
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“Fintech is dead. Long live the banks,” said a founder of a large peer-to-peer (P2P) lending company on the recent
Continue readingThe Reserve Bank of India (RBI) on Monday approved IndusInd Bank to set up a wholly-owned subsidiary for asset management
Continue readingThe low share of low-cost current account and savings account (CASA) deposits in total deposits may curb domestic fundraising efforts
Continue readingThe Reserve Bank of India has cautioned non-banking financial company – peer-to-peer (NBFC-P2P) lending platforms that they cannot promote P2P
Continue readingNon-banking finance companies (NBFCs) will likely see robust growth of nearly 15 per cent in the gold loan business in
Continue readingDeposit insurers can incentivise banks to adopt stronger risk management practices by tying insurance premiums to the level of risk
Continue readingWith liquidity continuing to be in surplus in the banking system, the Reserve Bank of India has conducted liquidity mop
Continue readingDeposit insurers need to contend with the possibility that during crises triggering depositor panic, central bank digital currencies (CBDCs) could
Continue readingSBI currently holds about 24 per cent in Yes Bank while 11 other lenders, including ICICI Bank and HDFC Bank,
Continue readingIn a breather for non-banking finance company (NBFC) depositors, who want to meet certain expenses of an emergent nature, the
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