India’s fintech ecosystem has rapidly evolved into one of the most dynamic and innovative sectors in the world. While payments, digital banking, and other services have played an important role, lending has emerged as the primary driver of prof...
The fintech industry is witnessing rapid growth and innovation, with companies continuously seeking new avenues to expand their reach and improve their service offerings. One significant trend that has emerged is the acquisition of Non-Banking Financ...
In a significant move reinforcing its commitment to maintaining financial stability and consumer protection, the Reserve Bank of India (RBI) recently canceled the licenses of two non-banking financial companies (NBFCs) - Polytex India Ltd, based in M...
In the fast-paced world of finance, efficient loan management is crucial for lenders to stay competitive. A loan management system (LMS) is a digital platform designed to simplify and automate the entire loan lifecycle, from application to repayment....
According to a recent industry report by the Microfinance Industry Network (MFIN), NBFC-MFIs have emerged as the largest providers of micro-credit in the country by the end of the 2023-24 fiscal year. The report highlights significant trends in the m...
Imagine being able to withdraw cash from an ATM without using your card or deposit cash using only your smartphone. Thanks to the efforts of the National Payments Corporation of India (NPCI) and the Reserve Bank of India (RBI), this is now possible w...
The fintech industry is experiencing an unprecedented evolution, driven by groundbreaking innovations that are transforming how we manage, invest, and think about money. From artificial intelligence to blockchain, the financial landscape is being red...
The fintech industry has seen remarkable growth in recent years, reshaping how financial services are delivered and accessed. However, this rapid evolution has presented a plethora of regulatory challenges, given the intersection of finance and techn...
In an era marked by rapid technological advancements, the landscape of digital inclusion is continually evolving. This blog explores the symbiotic relationship between technological progress and the pursuit of digital inclusion, shedding light on how...