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Screws tightened on unregulated lending apps
Google has now introduced a new security policy under which loan-giving apps will not be able to access users’ contact numbers, photos/videos, call
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Why unsecured loans are worrying RBI
The RBI has now set sights on dealing early on with any potential defaults that might occur, given the unprecedented growth registered in the unsecure
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Your silver may also yield money now
India's young population has a clear affinity towards silver, as opposed to the yellow metal. As per a report by Silver institute, 78% of silver jewel
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Tokenisation, the safer way for online payments
RBI has changed the method of transactions made through cards. With tokenisation, card payments for online payments have become safer.
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Banks seek clarification on compromise
A few days ago, RBI had said that banks could accommodate defaulters with fresh loans after a ‘cooling off’ period of a year after a compromise se
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Small cos big players in microfinance loans
As per a MicroMeter report, as of March 31, the microfinance industry has reached up to ₹3,48,339 crore
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Market awaits Fed’s decision
US CPI came at 4% (YOY) in May and it was the lowest in 2 years. Expectations were of 4.1% inflation rate in May.
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Waiting for a rate cut? Not yet, says RBI governor
Given the RBI’s projection of 5.1% retail inflation projection in FY24, analyst think that any possible rate cut might take place in FY25, or Q4 of
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Now, use your language to make payments
Around 30 crore people in India use feature phones that utilise Interactive Voice Response System for digital payments, which involves several complex
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Inflation Fried In Edible Oil!
The decrease in retail inflation during May can be attributed to a significant drop in the prices of edible oils and vegetables
