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Loan recovery: Credit penetration must not turn into a nightmare

Wider loan supply is a vital economic pursuit in India, but app-driven lending is exposing people to coercive recovery tactics. The depravity these have sunk to gives credit a bad name. ....

Bank Credit , Digital Loan Apps , Loan Recovery ,

LendingKart announces acquisition of Upwards for ₹100 crore

Upwards founded in 2017 is a central bank-registered Non-Banking Financial Company (NBFC) committed to offering personal loans to salaried professionals ....

New Delhi , Abhishek Soni , Harshvardhan Lunia , Ministry Of Electronics , Banking Financial Company , Information Technology , Non Banking Financial Company , Digital Loans , Digital Loan Apps , Top News ,

Explained: How is RBI making Digital Lending safer with P2P Platforms?

With the advent of Digital India , the rapid growth of technology and digitization has carved a wide scope of market development. It is crucial to note that Peer to Peer platforms can only function legally if approved by the RBI (Reserve Bank Of India). ....

New Delhi , Kishore Subramanian , Enterprises Smes , Also Read , Post Office , Digital Lending , Shree Consultants Founder Kishore Subramanian , Digital India , Reserve Bank Of India , Aadhar Cards , Medium Sized Enterprises , Reserve Bank Of India , 2p Platforms , Digital Lending Platforms , Ow Digital Lending Platforms Are Secure , Digital Loan Apps , Igital Loan Apps Secure Or Not ,