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LSPS
RBI cancels registration of Nagpur-based Zavron FinanceThe RBI has cancelled the certificate of registration of Zavron Finance due to irregular lending practices, including outsourcing core deci...02 Dec, 2024, 07.26 PM IST- Outsourcing carries risks of reliance on single vendor: RBI Deputy Governor RaoRBI Deputy Governor M Rajeshwar Rao highlighted third-party dependence risks, referencing the Microsoft outage. He noted vendor lock-in, cy...23 Jul, 2024, 01.18 AM IST
- RBI Deputy Governor M Rajeshwar Rao flags risks of relying on single vendor for servicesDeputy RBI Governor Rao highlighted the risks of single-vendor dependency at a CareEdge event, citing the Microsoft outage. An RBI survey r...22 Jul, 2024, 07.25 PM IST
- ONDC is bulking up financial services play with consumer-facing appsTata Group's super app Tata Neu and credit marketplace Paisabazaar are conducting pilot studies for credit disbursals through the ONDC netw...17 Jun, 2024, 06.11 AM IST
- Lending service providers may have to provide digital view of all offers: RBIThe Reserve Bank of India (RBI) is considering new rules for digital lending, aiming to enhance transparency. The proposed guidelines would...27 Apr, 2024, 12.47 AM IST
- RBI proposes new norms for LSPs to promote transparencyLSP is an agent of a regulated entity (RE) who carries out one or more of lender's functions or part thereof in customer acquisition, under...26 Apr, 2024, 06.41 PM IST
- RBI has walked a tightrope with 5% cap on FLDGWhile fintechs rejoice the recognition of this arrangement, with a small cap the regulator has ensured no unwanted risk buildup in this spa...10 Jun, 2023, 06.00 AM IST
- RBI's FAQ on guidelines for digital lending: Key detailsAccording to the RBI FAQ, "If the loan turns delinquent and the recovery agent has been assigned to the borrower, the particulars of such r...14 Feb, 2023, 07.57 PM IST
- RBI's modified digital lending norms come into effect from December 1The RBI stated in a detailed set of guidelines for digital lending that the main concerns were unbridled engagement of third parties, mis-s...01 Dec, 2022, 11.40 AM IST
- Borrowers must be allowed to exit digital loans sans penalty in initial look-up period: RBIThe working group on "Digital Lending includes Lending through Online Platforms and Mobile Apps" provided feedback, which was used to solid...13 Aug, 2022, 03.58 PM IST
- Govt to extend existing foreign trade policy till March next year: Piyush GoyalCommerce and industry minister Piyush Goyal said that India’s merchandise exports during April-September 21 were over $185 billion at an ev...27 Sep, 2021, 06.21 PM IST
- LogisticsNow launches benchmark platform for road freight ratesThe platform is built with a focus on full truckload freight for medium and long haul lanes.04 Dec, 2020, 01.20 PM IST
- Open Credit Enablement Network will democratise credit, help small businesses: NilekaniThe Infosys chairman said from a fintech perspective, many of the pieces are now falling into place, and the COVID crisis has increased the...22 Jul, 2020, 05.44 PM IST
- Freight carriers asked to cut cargo-handling costThe GST replaces seven indirect tax heads including countervailing duty, special additional duty of customs, excise duty, service tax, cent...17 Aug, 2017, 12.50 AM IST
- Rupee depreciation creates challenges for Indian logistics sectorImpact of rupee depreciation will be borne particularly by LSPs, transporters & freight forwarders, and end-users, says Srinath Manda.16 Sep, 2013, 10.53 AM IST
- Inadequate connectivity across modes limits auto logistics from adopting multimodal transportationAutomobile manufacturers need dedicated logistics service providers (LSPs) having specially designed transport vehicles (car carriers) and ...17 Dec, 2012, 10.49 AM IST
- Silk board weaves new mulberry breedsThe Central Silk Board (CSB) is open to the idea of developing region- and season-specific breeds of mulberry as demand for seed cocoon out...15 Apr, 2008, 03.04 AM IST
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