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Why RBI's disproportionate action against fintechs may be bad for business and investor sentiment? - Vimarsana News

Why RBI's disproportionate action against fintechs may be bad for business and investor sentiment?

In a situation where financial liabilities of citizens have grown from 3.8% to 5.8% of GDP between 2021 and 2023, is it not reasonable to expect that regulatory and supervisory actions are taken in a 'calibrated' fashion, keeping an eye on customers credit needs and financial convenience? In an age when gov and corporations promote light-touch digital solutions as a universal panacea, should regulatory boundaries remain static and stifle new lending models?

Research well before borrowing from digital lending apps, says Madhusudan Ekambaram of KreditBee - Vimarsana News

Research well before borrowing from digital lending apps, says Madhusudan Ekambaram of KreditBee

The robust demand for credit in the Indian market reflects the dynamic evolution of our fintech landscape, symbolising both the economic strength of our nation and the ambitious aspirations of our people.

Fasanara Acquires Pollen VC - Vimarsana News

Fasanara Acquires Pollen VC

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

Leading fintech firms face a profit puzzle - Vimarsana News

Leading fintech firms face a profit puzzle

Fintech companies that give loans to individuals are growing briskly, but a key question they face is how to maintain asset quality and turn profitable.

Financial Institutions Inc. announces leadership changes, layoffs - Vimarsana News

Financial Institutions Inc. announces leadership changes, layoffs

WARSAW — A series of leadership changes and 23 layoffs have been announced at Financial Institutions Incorporated.