NBFC

Credit crunch and rising costs put pressures on the bottom line

Indian fintech has had an action-packed week thanks to the Global Fintech Fest

A weekly newsletter where we delve into the latest in the world of finance, technology, and economy.

This week, we saw RBI take some concrete steps to combat fraud risk in the form of master directions.

Finquiry, financial stability, and putting your eggs in one basket.

NBFCs believe that they've drawn the short end of the stick for too long - now, they're calling for equality in the banking system's hierarchy.

Regulation for financial entities has evolved and expanded in scope. This is not an accident. It's an outcome of a regulator that put in the work to actualise frameworks which can keep pace with technological revolution and industry evolution.

The RBI has released a roadmap allowing small finance banks to transition to becoming universal banks.

FinTech's stratospheric growth, especially in sachetised loans, is noteworthy - but it's now threatening to destabilise the entire industry.

On NBFCs' bid for credit on UPI, KYC fortification, and more.

FinTechs on the ground are hustling, fighting terrible odds to stay alive in the face of extreme adversity.

Lending growth has slowed, sustainable finance is in the spotlight, and the RBI isn't taking any chances!