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.

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

You may also like

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.

Internet
Story image

The intercity bus bet by Indian startups is having its moment

Gone are the days of ramshackle buses and spotty schedules. Startups now offer a viable alternative to rail and air travel. But the real test lies ahead as they are only getting started.