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Business News: FACE applies to RBI to become self-regulatory organisation for digital lending

FACE applies to RBI to become self-regulatory organisation for digital lending : Rashtra News #FACE #applies #RBI #selfregulatory #organisation #digital #lending Another industry body, Digital Lenders’ Association of India, which has over 80 members with $5-6 billion in annual disbursements, is also active in the space. Industry body Fintech Association for Consumer Empowerment (FACE) on

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MSME fintechs: MSME fintechs steal show as consumer lending loses fizz

All these years, digital lending has been mostly synonymous with unsecured consumer credit. But that is slowly changing. Business-focused fintech lenders are increasingly grabbing the limelight with more traditional lenders opening up to work with them.

India , Jatinder-handoo , Alok-mittal , Indian-school-of-business , Experian , Digital-lender-association-of-india , Technology-leadership , Offering-college , Sidbi-small-industries-development-bank , Aye-finance , Kinara-capital , Tech-prowess

MSME fintechs steal show as consumer lending loses fizz, Auto News, ET Auto

MSME Fintechs: All these years, digital lending has been mostly synonymous with unsecured consumer credit. But that is slowly changing. Business-focused fintech lenders are increasingly grabbing the limelight with more traditional lenders opening up to work with them.

India , Alok-mittal , Jatinder-handoo , Digital-lender-association-of-india , Experian , Sidbi-small-industries-development-bank , Aye-finance , Kinara-capital , Small-industries-development-bank , Digital-lender-association , Udyam-registration-portal ,

FM Nirmala Sitharaman Meets Fintechs, Startups; Asks Regulators To Hold Monthly Meetings

The interaction with the Start-up and Fintech ecosystem partners was organised to enable free exchange of ideas to bolster and scale up operations to facilitate global competitiveness by enabling growth in the fintech sector

India , New-delhi , Delhi , Bhagwat-kishanrao-karad , Vivek-joshi , T-rabi-sankar , Rajesh-kumar-singh , Payment-council-of-india , Digital-lender-association-of-india , Banking-financial-companies-nbfcs , Fintech-convergence-council , Fintech-association-for-consumer-empowerment

Homeward bound for the wonders of Christmas in Kolkata

Homeward bound for the wonders of Christmas in Kolkata
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Lending: All credit to festive season, digital lenders eye more business

The digital lending industry in India is expecting a quick rebound in business during the festive season. Fintech lenders are well-prepared to meet the heightened credit demand, with stronger and profitable balance sheets. Digital lending platforms anticipate an average increase of 15-20% in disbursals during the festive period.

Mumbai , Maharashtra , India , Bengaluru , Karnataka , Lucknow , Uttar-pradesh , Arun-nayyar , Hardika-shah , Prithvi-chandrasekhar , Manish-lunia , Digital-lender-association-of-india

Fintechs face high stress on risk build-up, fraud in unsecured portfolios: Report

Fintechs face high stress on risk build-up, fraud in unsecured portfolios: Report
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Fintech players expect bumper sales during this festive season by 15-20%

While a surge in demand doesn't always lead to a corresponding rise in disbursements for digital lending platforms, overall disbursements tend to increase by an average of 15-20 percent during the festive period

India , Bengaluru , Karnataka , Mumbai , Maharashtra , Arun-nayyar , Prithvi-chandrasekhar , Hardika-shah , Experian , Digital-lender-association-of-india , Incred-consumer-finance , Digital-lender-association

Why the US wants to regulate the Buy Now, Pay Later (BNPL) industry

The US Consumer Financial Protection Bureau published a report detailing the consumer harms associated with the "rapidly growing" BNPL industry.

India , Rohit-chopra , Payment-council-of-india , Us-consumer-financial-protection-bureau , Dvara-research , Federation-of-indian-chambers-commerce , Digital-lender-association-of-india , Financial-protection-bureau , Pay-later , Reserve-bank , Buy-now , Gross-merchandise-volume

RBI to release new guidelines for BNPL companies: All you should know

India's central bank RBI to bring the buy-now-pay-later BNPL segment under regulations through new guidelines after curbs in June

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