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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 Government of India has revised the investment and turnover limits for MSME classification. As per the latest notification, the new limits are: Investment criteria ✅ Micro Enterprises: Up to ₹2.5 crore (earlier ₹1 crore) ✅ Small Enterprises

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

🚨@ need a App developer 🧑🏻‍💻as a co-founder🚨 . . ⚠️hi I'm a student 👨🏻‍🎓 having a mind-blowing 🤯 idea 💡 . . to design an application for small money lender 💰💰 who used to give loans to MSME(micro,small , medium enterprises) 🧑🏻‍�

Indian household debt has skyrocketed, reaching Rs 120 trillion in March 2024, a 56% increase since June 2021. This has pushed the debt-to-GDP ratio to 42.9%, raising concerns about consumer spending. With housing loans comprising 30% and vehicle

Concept. A lending platform that connects undeserved borrowers with lenders , offering personalized pathways to improve their creditworthness and access affordable loans . Please give me insights on this if you find any demerit discuss with if anyb

Navi has built a personal loan book size exceeding ₹10,439 crore and has an Asset Under Management (AUM) of ₹11,725 crore. The company charges interest rates as high as 45% on loans. For home loans, it's reported that they require full access to pers

Fusion Finance is going through a really tough time right now. This is the fourth straight quarter they’ve reported a net loss in their profit and loss statement. Their NPAs have gone up significantly. The company really needs to clear out its bad lo

P2P Lending in India Is Broken and No One Wants to Admit It 😔 The NPA rate in India’s P2P lending space has gone up a lot recently but strangely, many companies and investors are still turning a blind eye. Some platforms have even built their own

Currently, there are over 12 lakh self-help groups (SHGs) in Bengal, the highest among all states in India. Among these, nearly 11 lakh groups have been assured financial assistance of ₹30,000 crore by the state government in the current fiscal year