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upGrad • 1y
RBI is cracking them down as they are against the law. That's why Slice card and Uni card discontinued.
Founder - Burn Inves... • 12m
The RBI is increasingly cracking down on unsecured lending. The NPAs (Non-Performing Assets) of unsecured loans are also increasing rapidly. Companies that used to provide loans against salaries are now changing their business models. The NPAs of MSM
See MoreFounder - Burn Inves... • 1y
why the RBI isn't taking any action against P2P platforms for accepting lenders' money on their own balance sheets. According to RBI guidelines, P2P platforms cannot accept money on their own balance sheet or provide rapid liquidity to any lender, ye
See MoreBest Law Firms in Ko... • 4m
🚀 Disruption builds startups, but only law sustains them. 💡 Disruption and the Law: Why Startups Must Make Safeguarding a Habit Startups often chase innovation but forget legal preparedness. From protecting intellectual property and ensuring compl
See MoreFounder & CEO at Bui... • 1y
How does RBI earn money ? & why the RBI is more of a banker than a regulator. Last year, the RBI transferred over ₹87,000 Crore to the government, and it's expected to surpass ₹1,00,000 Crore in FY 2025. But how does the RBI generate this enormous
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Believe me, it’s not... • 9m
India's credit card market is massively dominated by legacy banks. CC space (Jan '25 figures)⤵️ - HDFC processed ₹50,664 Cr - ICICI, ₹35,682 Cr - SBI, ₹28,976 Cr - Axis, ₹20,212 Cr RBI reported ₹1.84 Lakh Cr in credit card spends in January alone
See Moregaroono.in minimal a... • 25d
When you know you are competing against big apps and still manage to cross 400 users without any ads, that's what real "build in public" looks like. Because you know you are providing a solution not to consume users' attention but to help them rega
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