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Thinking of getting a personal loan? Adani group might have something for you
The Adani One app, developed by Adani Digital Labs Ltd, debuted in December 2022 focusing on airpor…
Google has removed 2,500 fraudulent loan apps from its Play Store, says FM
The matter is also regularly discussed and monitored in the meetings of the Financial Stability…
PTI
Chinese syndicates to keep hurting India via loan app scams: Cyber expert
Chinese criminal syndicates and gangs operating digital loan shark scams are expected to further de…
Corp affairs ministry probing Chinese cos linked to loan apps; investigations at advanced stages
The corporate affairs ministry is probing various Chinese companies, especially those with links to…
PTI
Digital lending platforms see 3x year-on-year rise in disbursals to ₹14,016 crore in Q2 FY23
Fintechs issuing digital loans witnessed an over three-fold disbursal growth in Q2. The number and …
Speedy, small loan market sees Muthoot Microfin make an entry
The loan amount can range between ₹10,000 to ₹30,000. The entire loan process, including disburseme…
India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report
Several enabling forces have come together to energise this revolution. Although internet penetrati…
PTI
Personal loans remain the dominant Fintech product, accounting for 96% of the total disbursement volume: Equifax and FACE
The highest number of personal loans are disbursed in less than ₹5,000 ticket size. Digital loan d…
Going to take a digital loan? Read this before you do it
Digital loan providers take money from banks and other financial lenders and route it to people …
Ahead of ban order, RBI gave a list of apps working with NBFCs to govt
Earlier this week, the Ministry of Electronics and Information Technology banned 94 loan apps, whic…
PTI
Even in the digital age, banks need brick and mortar presence, especially in Hindi heartland
In the age of digital banking, there are very few reasons to step into the bank. Even if one decide…
Digital gold loan company Indiagold raises $12 million from PayU and others
Indiagold, a fintech startup that offers gold loans, has raised $12 million funding to scale its bu…
FM Sitharaman to present Budget on digital device instead of 'bahi-khata'
Union Finance Minister Nirmala Sitharaman will present the Union Budget for 2023-24 with a digital …
ANI
Google for India – Sachet loans to credit on UPI, tech giant bets on lending
Search giant Google has made several major announcements for India at their annual Google for India…
Google says it has removed several loan apps in India after RBI takes steps to curb fraud in digital lending
Tech giant Google today said that it has reviewed hundreds of loan apps in India and has also remov…
5 ways how Paytm Super App is championing the digital payments ecosystem in India
With so many payment services under a single platform and the industry-best success rate…
India’s central bank warns people against unauthorized digital lending apps that promise quick loans
“Legitimate public lending activities can be undertaken by banks, non-banking financial companie…
Indians resort to loans from lending apps for emergencies and medical expenses
Nearly nine in 10 customers in India use fintech lending apps to take loans for emergencies, medica…
You have to have a good credit score to be allowed onto this dating app
Score is a new dating app that says it only accepts people with "good to excellent" credit, or arou…
Sarah Jackson
RBI tightens norms for Chinese lending apps
Chinese digital loan apps were utilising the loophole in the regulatory guidelines to dupe Indian c…