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Will set up committee to review compliance lapses : FACE CEO

Will set up committee to review compliance lapses : FACE CEO
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rbi: Fintechs take steps towards self-regulation after RBI push

FACE has dozens of digital lenders as its members, including players like Fibe, Kissht, LoanTap, Cashe, KreditBee, Paynearby, and Paisabazaar. At the association s AGM on Friday, Naveen Kukreja, founder & CEO of PaisaBazaar, and Ashish Goyal, founder & CFO of Fibe, were elected member directors.

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People under 40 account for 80 percent of loans from digital lenders: FACE-Equifax study

Borrowers in the 31-40 age group account for the highest market share, followed by those in the 26-30 band, the report has found.

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digital lending: Digital lending disbursement volume rose 31%, crossing 2 2 crore loans in Q1 FY24: Report

Digital lending picked up at a stellar pace in the first quarter of the financial year (Q1 FY24), with volumes recording annual growth of 31%.

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Digital lending disbursement volume up 31%, crosses 2 2 crore loans in Q1 FY24: Report

Digital lending disbursement volume up 31%, crosses 2 2 crore loans in Q1 FY24: Report
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