RBI Slaps Penalty on Shriram Finance: A Strong Signal to NBFCs and Fintechs
In a recent move, the Reserve Bank of India (RBI) fined Shriram Finance Limited, one of India’s major NBFCs, for violating digital lending regulations. Thi...
The fintech industry has seen remarkable growth in recent years, reshaping how financial services are delivered and accessed. However, this rapid evolution has presented a plethora of regulatory challenges, given the intersection of finance and techn...