November 23, 2024 03:26 (IST)
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'Third World War has begun:' Ex-Ukraine military commander-in-chief Valery Zaluzhny | UK-India Free Trade Agreement negotiations to resume in early 2024 | UK can arrest Benjamin Netanyahu if he visits country based on ICC warrant | Centre to send over 10,000 additional soldiers to violence-hit Manipur amid fresh violence | Chhattisgarh: 10 Maoists killed during encounter with security forces in Sukma

RBI directs Bajaj Finance to stop lending under two lending products

Mumbai: The Reserve Bank of India (RBI) on Wednesday directed Bajaj Finance to stop issuing loans under its two products eCOM and Insta EMI Card.

RBI panel suggests separate law to prevent illegal digital lending activities

Mumbai/IBNS: A Working Group formed by the Reserve Bank of India (RBI) has made several recommendations, including separate laws to stop illegal digital lending activities, verification of digital lending apps by a nodal agency and establishing a self-regulatory organisation (SRO) covering the participants in the digital lending ecosystem.

FlexiLoans.com among the top 100 global FinTech innovators' list by KPMG and H2 Ventures

Mumbai/IBNS: Small business lender FlexiLoans has been ranked amongst ‘Emerging 50’ FinTechs, according to a report released by KPMG in collaboration with H2 Ventures.