Cash Suvidha, a digital fintech platform under Usha Financial services has recently made an announcement of its partnership with StoreKing, a rural di...
NPAs are the Main Roadblock in the Flow Bank Credit: Arun Jaitley
"The delay in resolution of NPA (non-performing assets) is impacting the capacity of banks to lend to support growth and lend to small investors," the...
FinTech Startup ‘EarlySalary’ Expands to Jaipur
A Fintech startup EarlySalary.com, provides instant loans from as low as Rs. 8,000 up to Rs. 1,00,000/- for up to 30 days. The app has received half a...
Micofinance Shows Uprising in India
The gross loan portfolio in the data represents 90 per cent of the total industry, excluding self-help groups but including banks, NBFCs (non banking ...
Vodafone M-Pesa Partners With Home Credit To Facilitate EMI Payments
Partners with Home Credit; Over 1 million customers to benefit through this facility - M-Pesa to facilitate quick, simple, safe, cashless loan repayme...
RBI Urged Banks to Explore FinTech Startups for Better Digital Banking
Traditional banking must evolve and adopt new-age digital banking solutions to remain relevant and operational, urged the Reserve Bank of India (RBI)....
NPAs Still Acts as Road Blocks for Bank Lending Despite Demonetization
Despite banks filled with huge deposits following demonetization, a very high level of non-performing assets and reducing appetite for more loans from...
RBI Governor Recomends New Bankruptcy Code for Controlling Business Sickness
RBI Governor has stressed the need for institutions necessary for resolution of sickness, such as the new Bankruptcy Code and the Company Law Tribunal...