Tag: Lending
View: India needs more lending — but not to everyone
Indians are justifiably proud of how easy it has become for them to pay for stuff. If you have an Indian phone number and bank…
lending: Need to move towards data-based lending: Financial Services Secretary
Financial Services Secretary Vivek Joshi on Friday outlined the vision for 2047 and said financial institutions must move towards data-based lending, instead of judgement-based lending,…
Lending: All credit to festive season, digital lenders eye more business
With the festive season setting in, the digital lending industry is betting big on a quick rebound in business, as consumers prepare to loosen their…
‘Lending to poor a form of socialism’: Meet Indian tycoon who doesn’t own mobile
He built a fortune lending to low-income borrowers shunned by banks. He paid staff below-market wages and thought they still earned too much. He gave…
ZestMoney: Lending taps starting to dry up for crisis-hit ZestMoney
The sudden exit of ZestMoney founders after its planned acquisition by PhonePe failed has compounded the challenges for the fintech startup with its already clogged…