What did the Parliamentary Committee recommend with respect to local fintech players ? | Explained thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
A few fintech and digital heads of banks welcomed the move, saying this would be similar to an Aadhaar or NPCI-like setup for domestic financial data and reporting
An internal Reserve Bank of India (RBI) working group has been exploring the best technology path to develop a roadmap for such direct transactions between two countries.
india: RBI in CBDC talks with US, Hong Kong and Swift for cross-border payments indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
According to CIBIL, among those who took personal loans of less than Rs 50,000 in the first quarter of the current fiscal, half of them had more than four existing loans. For the same category, only 17 percent had more than four loans before Covid, indicating a level of overleveraging not seen in the recent past.