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Navi Finserv Ordered to Cease Loan Disbursement by RBI 🚨 In a recent development, Navi Finserv, the NBFC arm of Sachin Bansal’s Navi Technologies, has been ordered by the Reserve Bank of India to cease and desist from sanctioning and disbursing loa

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

The Future of Fintech in India India's fintech sector has experienced rapid growth, driven by technological advancements, increasing smartphone penetration, and government initiatives. The country's large population and diverse demographics offer a s

Hey everyone! I'm developing a fintech app with a unique concept: offering 0% interest loans to users. While this sounds great for borrowers, I'm seeking your input on the biggest challenge - ensuring loan repayment. Here's the idea in a nutshell:

i have idea of creating an online platform that connects lenders directly with borrowers is similar to peer-to-peer lending (P2P lending). P2P lending has become popular in recent years as an alternative to traditional banking and NBFC loans. To mak

"🚀 Exciting news from the fintech world! We’re at the idea stage of creating a game-changing platform for local merchants, offering easy loan access, QR payment solutions, and zero-balance current accounts. 🌟 We're looking for visionary investors a

Adani's super app, Adani One, has begun pilots with digital lending firms and non-banking financial companies (NBFCs) - personal loans ranging from Rs 1,000 to Rs 5 lakh. The company has finalized an arrangement with KrazyBee Services, the NBFC arm

Hi, I am looking for Inverter for starting a Finance Company which will do secured lending to SOHO/Small Shopkeeper/Daily wage earner. Location - Lucknow loan Amount - Upto 5 Lac Rate of Interest - 24% - 30% Type - Home Loan / Loan Against Property

We reached out to many P2P platforms from January to July this year regarding their incorrect business models where they were not following P2P lending rules. They kept telling us that they were not doing anything wrong and were operating according t

bas nikal gayi hawa? CrickPe, which was the first product of Ashneer Grover’s startup Third Unicorn, has halted operations within a couple of years of its launch Grover cited the 28% GST regime for real-money gaming and problems with the business m