For the time being, digital lending remains a grey area, notes Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff.com During a visit to Kolkata in December, I decided to drop by a bar......
In a presentation, One97 Communications (Paytm) announced that it is going to cut back on loan distribution for small-ticket ‘postpaid’ loans as a prudential measure. Photograph:......
Poor earnings show in the September quarter (Q2FY24), with hints of likely weakness in asset quality going ahead, forced analysts to cut earnings estimates of SBI Cards and Payment Services (SBI......
Lapses in due diligence, valuation disagreements, funding winter, tough regulatory environment, fintech slowdown being cited as reasons. Peerzada Abrar reports. Photograph: PhonePe via Twitter......
The valuation of firms like Quikr, Paytm Mall, and Hike have dropped below $1 billion. Shopclues and Blinkit were acquired for a fraction of their billion-dollar valuation. Shivani Shinde reports.......