This is a scheme where a bank and a fintech enter a lending arrangement, where the fintech guarantees to compensate a certain percentage of default in
RBI is planning a new payments systems which also work during emergiecy situations like war
Post Covid-19, debit card usage has come down. The reason for this is UPI. Banks that earn a chunk of their revenue from payment aggregators and from
ONDC is planning two types of fees to meet its costs. One would be an annual registry fee for all network participants and the second a fee on all tra
ONDC aims to promote an open platform for e-commerce retailers. This will help small businessmen to increase their business and reduce the dominance o
Co-lending is an arrangement where the loan is given by one entity but the risk is shared by two entities. A Non Banking Financial Company (NBFC) is t