[ad_1] Non-banking finance companies (NBFCs) should be mindful of poor underwriting standards and risks emerging from increased lending exposure to one segment, said Reserve bank of India deputy governor Rajeshwar…
[ad_1] Rural fintech firm Navadhan has raised $5 million (about ₹40 crore) in a pre-Series A round led by Prime Venture Partners. Existing investors Gemba Capital and Varanium NexGen Fintech…
[ad_1] The government is considering measures such as raising the deposit acceptance limit of eligible non-banking finance companies (NBFCs), introducing deposit insurance, and providing a dedicated liquidity window for NBFCs…
[ad_1] While 29% of so-called new-to-credit applicants received loans in the June quarter of 2022 and 2021, only 23% did so in 2023, TransUnion Cibil data showed. When someone applies…
[ad_1] Mumbai: The Reserve of India (RBI) has expressed concern about the brisk growth in personal loans, even as most of the industry seems not-too-worried, except on the specific segment…
