Blogs

The Reserve Bank of India (RBI) has imposed a ₹33.10 lakh monetary penalty on IIFL Samasta Finance Limited for failing to adhere to regulatory norms. 🔍 Key Violations Identified: ❌ Charging interest before loan disbursement ❌ Misclassifying NPA...

In the rapidly evolving financial services sector, Non-Banking Financial Companies (NBFCs) are experiencing a transformative shift, thanks to the advent of digital and AI-enabled tools. Systems such as Loan Origination Systems (LOS) and Loan Manageme...

The fintech landscape has undergone significant transformations in recent years, with digital lending emerging as a disruptive force reshaping traditional financial models. As we look ahead to 2024, the digital lending industry is poised for continue...

On May 28, 2024, Shri Shaktikanta Das, Governor of the Reserve Bank of India (RBI), inaugurated three significant initiatives to enhance regulatory processes and financial inclusivity. The launch event was attended by prominent figures, including Shr...

In recent years, the fintech landscape in India has witnessed a remarkable evolution, with digital lending emerging as a disruptive force reshaping traditional financial models. As we look ahead to 2024, the digital lending industry is poised for con...

In today's rapidly evolving technological landscape, the financial industry has witnessed a significant transformation, with digital lending emerging as a promising avenue for entrepreneurs. This article serves as a comprehensive guide for aspiri...