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Finance/Fintech

RBI's Loan Caps Threaten Vital Access to Credit for India's Smallest Borrowers

RBI's Loan Caps Threaten Vital Access to…

Mumbai, Dec 3 (KNN) In October, the Reserve Bank of India (RBI) barred four small lenders from issuing fresh loans, citing concerns over their usurious…

India Takes Concrete Steps to Regulate Fintech Industry in Line with FATF Recommendations

India Takes Concrete Steps to Regulate Fintech…

New Delhi, Nov 28 (KNN) India is making significant strides in regulating its fintech industry, as part of efforts to align…

Venture Debt Surge in India Fuels Fintech and EV Innovation

Venture Debt Surge in India Fuels Fintech…

New Delhi, Nov 15 (KNN) The venture debt market in India is steadily maturing, mirroring the early stages of venture capital,…

Indian Lenders Brace for Rising Defaults as RBI Tightens Microfinance Loan Rules

Indian Lenders Brace for Rising Defaults as…

Mumbai, Nov 8 (KNN) Indian lenders are preparing for an impending rise in defaults within their microfinance portfolios, following…

World Bank's IFC Extends USD 400 Mn Loan To Bajaj Finance For Green Initiatives

World Bank's IFC Extends USD 400 Mn…

New Delhi, Nov 7 (KNN) The International Finance Corporation (IFC), the private sector investment arm of the World Bank Group,…

RBI Extends Prompt Corrective Action Framework to Government-Owned NBFCs from October 2024

RBI Extends Prompt Corrective Action Framework to…

Mumbai, Nov 1 (KNN) In a significant regulatory move, the Reserve Bank of India (RBI) announced Tuesday that it will extend…

BharatPe Launches Digital Gold Investment Platform, Expands Financial Services Portfolio

BharatPe Launches Digital Gold Investment Platform, Expands…

New Delhi, Oct 29 (KNN) In a significant expansion of its financial services offerings, Delhi-based fintech BharatPe unveiled…

MFIs Seek Relaxations in RBI's 2022 Regulatory Framework

MFIs Seek Relaxations in RBI's 2022 Regulatory…

New Delhi, Oct 16 (KNN) Microfinance institutions (MFIs) in India have approached the Reserve Bank of India (RBI), requesting…

India’s Fintech Sector Bounces Back With 66% YoY Growth In Q3 2024

India’s Fintech Sector Bounces Back With 66%…

New Delhi, Oct 16 (KNN) India’s fintech ecosystem is experiencing a significant resurgence, posting a 66 per cent year-on-year…

RBI Deputy Governor Cautions Small Finance Banks On High Cost Deposits

RBI Deputy Governor Cautions Small Finance Banks…

Mumbai, Oct 1 (KNN) In a pointed address to the financial sector, Deputy Governor of the Reserve Bank of India (RBI),…