RBI allows MFIs to fix interest rates
In the past, the central bank used to announce the rates on quarterly basis.
Source: india.com
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Latest News | RBI's Harmonised Regulations for Microfinance to Provide Level Playing Field, Increase Competitiveness: MFI Players
Get latest articles and stories on Latest News at LatestLY. The microfinance industry on Monday welcomed the revised directions for microfinance loans issued by the Reserve Bank of India (RBI) and said the harmonised regulations will usher in a new era, bring in uniformity and provide a level playing field in the sector. Latest News | RBI's Harmonised Regulations for Microfinance to Provide Level Playing Field, Increase Competitiveness: MFI Players.
Source: latestly.com
tru.ID, the Mobile Verification Platform, Expands Passwordless Device Authentication Solution to India, Adds Local Data Residency
tru.ID launches SIM-based authentication services in India to help digital banks, FinTechs and e-commerce companies prevent identity fraud and secure transactions Mobile verification platform tru.ID
Source: finanznachrichten.de
Digital financial transactions need a safety net
The Prime Minister recently called for a FinTech revolution with a security shield. The RBI’s working group on digital lending has submitted its recommendations, making it an opportune time to a
Source: tribuneindia.com
IndusInd Bank share rises over 2% after LIC gets RBI nod to raise stake
The banking share rose 2.14% to Rs 966.60 against the previous close of Rs 946.30 on BSE.
Source: businesstoday.in