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

FabHotels pivoted to corporate travel for survival. Can it grow?

The challenges of running a budget hotel chain in India forced the decade-old company to quietly shift its focus to a travel management platform for corporate travellers. Now it must face challenges of another kind.

Internet
Story image

Can SEBI get a good social media team for investor education?

With social media becoming a crucial source of financial guidance, it doesn’t help that many first-time investors remain strikingly unaware of regulations meant to protect them against unregistered entities.

Business
Story image

Why Kotak Mahindra Bank is in a hurry to swallow IDBI

As growth flatlines, acquisition of the government-controlled lender may be the only way out for the Uday Kotak-promoted bank to stay relevant.