digital lending rules

<!-- -->India to prepare a list of approved of digital lending appsThe Indian government is stepping up scrutiny on digital lending apps in an attempt to weed out ones which conduct unethical lending and recovery practices, the…

<!-- -->FM outlines steps to check operations of illegal loan appsNew Delhi: Finance Minister Nirmala Sitharaman has discussed various issues related to illegal loan apps in a meeting and decided to take a host of measures to check…

MUMBAI: Reserve Bank of India deputy governor M Rajeshwar Rao on Thursday said the recently released digital lendingnorms are designed to end regulatory arbitrage and protect customers. Speaking at an event organised by industry body…

<!-- -->India's digital lending rules spark disruption, firms plan pushbackMUMBAI: India's stricter digital lending rules have disrupted card services of foreign-backed fin-tech firms and jeopardised loan offerings of Amazon,…

On Monday, Twitter’s biggest problem was its upcoming trial with Elon Musk. Twenty-four hours and one whistleblower later, the social media company was already longing for the good old days.Here’s how things went from bad to horrific for…

Tiger Global, Uber and Moore Strategic Ventures have all sold some or all of their Zomato shares since the lock-in period for early investors expired a month ago. Now, Sequoia has offloaded almost 172 million Zomato shares – about 2% of the…

MUMBAI: India's stricter digital lending rules have disrupted card services of foreign-backed fin-tech firms and jeopardised loan offerings of Amazon, prompting companies to chart a lobbying pushback, according to industry sources and a…

Earlier this month, the Reserve Bank of India issued new rules for digital lending as it looked to rein in India’s fast-growing fintech industry. The new rules have already had a positive effect, it seems, with complaints about digital…

Payment aggregators which are already on the tenterhooks with the Reserve Bank of India’s diktat on lending rules are set to lobby the central bank to ease the guidelines, which eliminate the need for intermediaries. This and a lot more…

The Unified Payments Interface (UPI) is hugely popular in part because of its lack of transaction fees (called the merchant discount rate or MDR). But payment companies have long complained that the Reserve Bank of India’s zero-MDR policy…