The cautionary tale of BharatPe’s 12% Club

The peer-to-peer lending platform finds itself in a tricky position amid the fintech’s internal issues, the RBI’s intensified scrutiny of P2P lenders and the risky nature of the business.

15 June, 202311 min
0
The cautionary tale of BharatPe’s 12% Club

You may also like

Internet
Story image

Eternal’s leap of faith: exit Goyal, enter Dhindsa

Deepinder Goyal’s handing of Eternal’s reins to Albinder Dhindsa raises uncomfortable questions about timing, risk and whether shareholders are being asked to trust yet another reassuring narrative.

Internet
Story image

BellaVita’s success has opened the floodgates to cheap fragrance brands

In less than five years, BellaVita has become one of the biggest fragrance brands in India. This has given several others confidence to follow the same playbook and sell cheap perfumes disguised as luxury.

Business
Story image

Why IndusInd Bank promoter Ashok Hinduja was never really in the dark

As the private lender reeled from serial scandals, Hinduja insisted he was merely a shareholder. Board-level links, conflicts of interest and regulatory blind spots suggest otherwise.