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LOADING CREDIT LINES
RBI's new draft guidelines have digital wallets feeling the pinchFounders and senior industry executives told ET that the new draft guidelines released by the RBI on April 22, if implemented in the curren...
US 30-year yield hits highest since 2007 on inflation angstUS Treasury's 30-year bond yields surged to nearly two-decade highs as accelerating inflation concerns and rising energy prices fueled a gl...
Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
Rising energy bills: How EVs, rooftop solar, induction cooking can protect your household budget and how much they actually costFuel prices are volatile, electricity tariffs are rising, and your LPG cylinder is at the mercy of global events. Here’s how switching to a...
FMCG recovery real but modest, banking margins face pressure, power sector demand unstoppable: Anand TandonIndia's earnings season reveals a steady, albeit unspectacular, recovery. FMCG sees rural demand lift, but growth remains modest. PSU banks...
From shortage story to cash-flow story: A sector ready for sustained re-rating? 5 power stocks with upside potential of up to 33%In the power sector, the next cycle will not reward whoever has the most installed megawatts. It will reward whoever can sign the right con...
US national debt crosses 100% of GDP: America now owes more than its entire economy produces — and the $1 trillion interest payments alone now outpace the PentagonU.S. debt-to-GDP ratio hit 100.2% on March 31: For the first time since the ruins of World War II, the United States national debt has surp...
RBI sharpens compliance norms, expands use cases of UPI-linked wallets for foreign visitors under draft PPI normsThe Reserve Bank of India has unveiled draft guidelines for prepaid payment instruments. These new rules aim to strengthen compliance and c...
UGRO Capital is ditching low-yield lending; founder on plan to triple returns by FY29UGRO Capital has halted new loans in its low-yield, DSA-led book, a strategic pivot aimed at boosting profitability. This move, involving s...
Women’s reservation, Delimitation bills: PM Narendra Modi offers 'blank cheque' to opposition for creditNarendra Modi described the women’s reservation and delimitation bills as a defining moment for Parliament, saying they will shape India’s ...
Can AI fix your credit score? Krutrim shuts down assistant KrutiHappy Thursday! Fintechs are building AI solutions to help boost the creditworthiness of borrowers. This and more in today’s ETtech Morning...
CII's 20-Point Policy Agenda calls for coordinated fiscal, financial and trade response to West Asia crisisConfederation of Indian Industry praises government and RBI for swift actions amid West Asia conflict. CII proposes a detailed plan to supp...
Slice flips to term loans from credit line post RBI noteThis is a departure from issuing a revolving credit line to consumers and comes after the Reserve Bank of India (RBI) recently barred finte...
Payments Council seeks government help post RBI’s fintech orderThe council - under the Internet and Mobile Association of India (IAMAI) - said wallets that comply fully with know your customer (KYC) nor...
Card-based fintech in dire straits with PPI lending banSome partner banks of these card-based fintech firms may also stop supporting their bank PPIs to these platforms after seeking a clarificat...
RBI stance on fintech has government backingGovernment officials told ET that the RBI order, published late Monday, came after commercial lenders had raised concerns with the banking ...
Non-banks can't load credit lines on prepaid payment instruments, says RBIThis diktat by the banking regulator is being seen as an effort to clampdown on card fintech and firms operating as neo-banks who have tied...