India’s growing digital economy, expanding salaried population and increasing demand for emergency credit have created a significant market for short-term personal loans.
Customers often require small loans for medical expenses, rent, utilit...
NBFCs play a crucial role in India’s credit ecosystem, but non-compliance and operational missteps can lead to RBI penalties, financial losses, or even shutdowns!
Recently, RBI imposed penalties totaling ₹76.60 lakh on four NBFC-P2P lenders ...