Borrowings mainly for personal-use products, less for big-ticket buys
Tracxn report says the growth is majorly due to the increase in funding in late-stage rounds as they saw funding of $326 million, a 141% rise as against $135 million raised in the quarter-ago period
Fintechs need to adopt best practices to avoid misselling, and stress on ethical practices, Shaktikanta Das said.
Principal secretary of Electronics and IT Manoj Kumar Mishra and special secretary Manas Ranjan Panda also attended the event.
A secured system is what will build trust and therefore that is a must for the financial ecosystem to truly flourish, the Finance Minister said.
The certification is recognised worldwide by employees and employers alike and is considered the ‘Gold Standard’ in identifying great workplace cultures.
Pichai also said that his company continues to invest in India though its USD 10 billion India Digitisation Fund.
Official sources said the Tamil Nadu Urban Habitat Development Board (TNUHDB) had initiated the process to blacklist PSTEC but it could not be completed because of the HC order.
Fintech city is coming up at a cost of Rs 116 core and fintech tower at Rs 254 crore; projects expected to attract investment of Rs 13,000 crore, generate 87,000 jobs
As per the guidelines, the lender must ensure that lending service providers publish the total number of portfolios and the respective amount of each portfolio under the guarantee arrangement offered.