Can RBI curb India’s fake loan app crisis?

The central bank has promised regulations for digital lending soon, but these are unlikely to help in tackling outright fraudulent entities.

July 26, 20227 min
0
Can RBI curb India’s fake loan app crisis?

You may also like

Business
Story image

Karnataka Bank urgently needs a permanent CEO

For the past three months, the Mangaluru-based private sector lender hasn’t had a full-time chief executive. But finding a successor is as important as fixing the bank’s worrying financials.

Economy
Story image

What does the RBI’s new rule mean for corporate acquisitions?

Indian banks have been allowed to fund M&As, but the framework will matter as much as the opportunity.

Business
Story image

The rot at HDFC Bank’s Dubai branch goes deep

The AT1 bond misselling allegations shine a light on the lack of oversight and may end up costing India’s largest private bank dearly.