The RBI further said data collected by Digital Lending Apps should be need-based, have clear audit trails and only be done with the prior explicit consent of the borrower.
The report highlighted that in the future, co-lending will emerge as a marketplace model that supports lending partners to mitigate their risk exposure.
Ever since the Enforcement Directorate (ED) froze the crypto exchange’s assets worth Rs 64.67 crores, and it raised questions on ownership of WazirX, investors have been worried about their funds.
"India has certain strengths - FinTech, digital finance, digital inclusion, and what they have done with digital identity and payment systems, is a clear opportunity for us," Vivian Balakrishnan.
The pressure to stand up and be counted while working remotely is affecting productivity and employee well-being.
The Department of Consumer Affairs runs an online portal, namely 'Grievances Against Misleading Advertisements', where consumers can lodge complaints relating to misleading ads.
Employment consultancies point to an increased demand for niche skills as IT companies’ battle with rising attrition don’t seem to be ending.
Indian telecom service providers (TSPs) on Monday welcomed the result of the 5G spectrum auction and expected 5G technology will accelerate India’s transformation into a digital society.
The related incident took place in 2021. The complainant invested Rs 6 lakh in an app named My Token which was dealing with a cryptocurrency named USDT.
Do you know where your coffee bean is from? How do you know that your Robusta is what it says it is? How can you trust what the brand says about its coffee?
The launch event saw a workshop open to students, researchers, and start-ups to discuss resources available to build Indian language technologies.
As millennials blend work and play, travel and technology companies are gearing themselves up to promote the trend of remote working
"Digital Jyot" is a special tribute to the heroes of India's freedom struggle, the prime minister said.
These digital stars, make high-quality content and demonstrate high-performance standards across average views, engagement, impressions and reach.
On Artificial Intelligence, Nadella said that by 2025, 10 per cent of all data will be produced by generative AI models.
Digital amnesia is creating barriers in the way people think, recall and remember
The digital news publishers would be asked to register themselves with the Press Registrar General within 90 days of the law coming into effect.
Delhi Courses Academy offers courses in digital marketing in various forms, including online advanced live courses and video programs. They have four campuses located around India.
Founded in 2019, 1Pay is backed by ex-Goldman Sachs MD Sanjiv Shah and Sanjay Gaitonde. It is a payment aggregator that also brings transportation, logistics and the banking industry together.
The firm, through the bankruptcy procedure, intends to maximize value for all its stakeholders.