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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... • 5m
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 MoreFounder & CEO at Bui... • 7m
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
See MoreBelieve me, it’s not... • 3m
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 MoreFounder - Burn Inves... • 1m
Some brokers in India act like they are above SEBI and the law but the moment a customer files a complaint with SEBI they start playing the victim card pretending they had no idea what was going on. Why don’t they just talk to the customer upfront an
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