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...
Introduction
The financial technology (fintech) sector has been experiencing unprecedented growth, with companies continually seeking innovative ways to expand their reach and enhance their offerings. One significant trend is the acquisition of no...