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RBI raises auto pay limit on UPI!
Warren Buffett locks in huge loss in Paytm after RBI tightens noose on lenders; the billionaire investor has exited the fintech completely.
At a time when inflation continues to burn your pocket, how can you buy your favourite products without spending too much of your hard earned money.
Since the Covid-19 pandemic, the usage of UPI has been reaching new highs. Due to this debit cards are seeing a downfall in the number of transactions both in terms of value and volume. So can UPI put debit cards out of business?
Since inception ONDC has so far served 1.2 crore orders, most of which has originated in the mobility domain.
The amount of loan disbursed saw a 21% Y-o-Y jump from Rs 76,396 crores in FY 21-22 to Rs 92,267 crores in FY 22-23. And not just the amount, the number of loans disbursed also significantly went up from 4.77 crores in FY 21-22 to 7.10 crores in FY 22-23.
Ticket size of personal loans to come down!
With RBI making regulatory changes to the FLDG arrangements, BNPL companies have tightened up their underwriting guidelines. This makes it difficult for new to credit customers to get loans.
There is a scare that 5G technology will raise the threat of cyberattacks. As much as 50% of the manufacturing companies apprehend, so do 48% of the people, logistics and transportation organisations believe that 5G will make them vulnerable to more attacks.
Easy availability of loans and simplification of the loan disbursal process are some of the reasons that has increased the demand for digital loans.