Evidence of RBI’s enforcement action does not support that view. The regulator’s actions were a result of loose interpretations of rules by fintech platforms and outright violations in some cases. Self-regulation is needed so that we gain from transparency without stifling innovation.
4 min read3 Jan 2025P2P lending is a mechanism that connects lenders/investors with borrowers, allowing them to earn higher returns than fixed deposits.
3 min read24 May 2023The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared