Non-bank Lenders
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Paytm Crisis: Non-Bank Lenders Said to Explore Options for Loan Disbursal
Amid the ongoing Paytm crisis, Indian non-bank lenders are looking at options other than the beleaguered firm for loan disbursal. These lenders are said to be worried about the regulatory crisis engulfing Paytm that has led to a temporary halt of lending services.
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Non-Bank Lenders Must Watch Underwriting, Concentration Risks: RBI Top Official
India's non-banking financial companies (NBFCs) should be mindful of their underwriting practices and risks emerging from lending concentrated in one segment, Reserve Bank of India (RBI) top official said on Friday.
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Paytm Announces Job Cuts in India to Save Costs
One 97 Communications, parent of fintech firm Paytm, confirmed a "slight reduction" in its workforce on Monday as part of cost-cutting measures without specifying the number of jobs. A company spokesperson, however, denied recent media reports that have suggested the non-bank lender could cut more than 1,000 roles.
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Banks Ask Fintech Partners To Limit Personal Loans Amid Regulatory Glare: Report
Top Indian banks and non-bank lenders have asked their fintech partners to curtail issuing tiny personal loans, three banking and one industry source said on Thursday.
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Sberbank Unveils Second Supercomputer Christofari Neo to Meet Internal, External AI Demand
A second supercomputer and artificial intelligence (AI) upgrades form part of Sberbank's enhanced offerings of digital services such as cloud computing and virtual assistant software, Chief Technology Officer David Rafalovsky said.
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Arun Jaitley, RBI Chief Face-To-Face As Rift Is Out In Open: 10 Points
Finance Minister Arun Jaitley and RBI governor Urjit Patel came face-to-face at a meeting of a financial stability body today amid tension after Mr Patel's deputy made a strong call for autonomy for the central bank in a speech on Friday. The government asked RBI or the Reserve Bank of India for an assurance that any liquidity crisis faced by non-b...
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Paytm Crisis: Non-Bank Lenders Said to Explore Options for Loan Disbursal
Amid the ongoing Paytm crisis, Indian non-bank lenders are looking at options other than the beleaguered firm for loan disbursal. These lenders are said to be worried about the regulatory crisis engulfing Paytm that has led to a temporary halt of lending services.
-
Non-Bank Lenders Must Watch Underwriting, Concentration Risks: RBI Top Official
India's non-banking financial companies (NBFCs) should be mindful of their underwriting practices and risks emerging from lending concentrated in one segment, Reserve Bank of India (RBI) top official said on Friday.
-
Paytm Announces Job Cuts in India to Save Costs
One 97 Communications, parent of fintech firm Paytm, confirmed a "slight reduction" in its workforce on Monday as part of cost-cutting measures without specifying the number of jobs. A company spokesperson, however, denied recent media reports that have suggested the non-bank lender could cut more than 1,000 roles.
-
Banks Ask Fintech Partners To Limit Personal Loans Amid Regulatory Glare: Report
Top Indian banks and non-bank lenders have asked their fintech partners to curtail issuing tiny personal loans, three banking and one industry source said on Thursday.
-
Sberbank Unveils Second Supercomputer Christofari Neo to Meet Internal, External AI Demand
A second supercomputer and artificial intelligence (AI) upgrades form part of Sberbank's enhanced offerings of digital services such as cloud computing and virtual assistant software, Chief Technology Officer David Rafalovsky said.
-
Arun Jaitley, RBI Chief Face-To-Face As Rift Is Out In Open: 10 Points
Finance Minister Arun Jaitley and RBI governor Urjit Patel came face-to-face at a meeting of a financial stability body today amid tension after Mr Patel's deputy made a strong call for autonomy for the central bank in a speech on Friday. The government asked RBI or the Reserve Bank of India for an assurance that any liquidity crisis faced by non-b...
