Founder Denies Fraud, Blames Lenders for Company Collapse
First Brands founder Patrick James accuses lenders of predatory practices leading to bankruptcy, while new management alleges massive financial fraud. Key details inside.
First Brands founder Patrick James accuses lenders of predatory practices leading to bankruptcy, while new management alleges massive financial fraud. Key details inside.
India's fintech lending shifts focus from rapid expansion to liability management and customer monetization after regulatory overhaul. Discover the new priorities and IPO plans shaping the sector's future.
Australia's landmark ban on social media for under-16s is prompting countries from Denmark to Malaysia to consider similar laws. Explore the global crackdown on children's online safety.
Tamil Nadu's new money lending rules remove collateral for loans under ₹4 lakh and up to ₹10 lakh for SHGs, aiming to empower low-income groups and women entrepreneurs. Discover how this policy change fosters financial inclusion.
Fino Payments Bank, now an SFB, plans a strategic shift towards secured lending like property loans, avoiding unsecured risks. Read about its merchant-focused growth plan.
US Senator Elizabeth Warren warns private credit market failures are 'tip of the iceberg', urges regulators to conduct stress tests. Read more on the growing risks to the financial system.
European Union regulators impose a massive €120 million fine on Elon Musk's X for failing to comply with the Digital Services Act's transparency and safety rules. Full details inside.
RBI's MPC slashed repo rate by 25 bps to 5.25%, urging banks to cut lending rates. See how HDFC, SBI, ICICI, and other top banks' home loan rates are impacted. Check your potential EMI savings now!
The RBI has revoked its 2016 framework that pushed large borrowers to debt markets. The move is expected to boost corporate bank credit by ₹3-4.5 trillion. Read the full analysis.
Philippines-based digital bank Tonik secures $12 million in pre-Series C funding to expand its capital-efficient lending operations and drive financial inclusion.
India's digital economy is expanding at 2.6 times its GDP, driving Asia-Pacific's transformation. Discover the key drivers and future projections shaping this rapid growth.
PSU bank chiefs warn RBI of a 70-bps margin squeeze as loans reprice instantly with repo rate cuts, but deposit rates lag. Key asymmetry threatens profitability.
The Indian government's new digital credit assessment model for MSMEs aims to streamline lending, reduce bank delays, and boost financial inclusion. Learn how this initiative works.
Bengaluru's Viva Money surpasses 1,000 credit lines issued in 3 months, disbursing ₹3.5 Cr+ loans. Plans expansion to Rajasthan & Maharashtra, aiming for 40,000 credit lines by year-end. Read more.
Indian government mandates active SIM for WhatsApp, Telegram use. Users must re-verify every 6 hours starting 2025. Stay informed about new digital security rules.
Rang De's peer-to-peer lending platform reaches Rs 100 crore disbursement, connecting 11,000 lenders with 28,000 underserved borrowers across India. Discover how ordinary Indians are fueling rural entrepreneurship.
French President Macron accuses Brussels of moving too slowly on Big Tech investigations amid US trade pressure. Read how this affects digital regulations enforcement.
RBI consolidates 70 years of banking regulations into 244 master directions, eliminating obsolete rules dating back to 1944. Discover how this simplifies compliance for banks.
RBI strengthens digital banking framework with 7 new master directions covering IT governance, cybersecurity, and outsourcing. Learn how this impacts your banking security.
Home Credit India report reveals 65% of borrowers use mobile banking as credit transforms from safety net to aspiration catalyst for India's lower-middle class. Discover the shift!
BMC introduces comprehensive hoarding regulations after Ghatkopar collapse killed 17. New rules mandate structural audits, size limits, and digital signage controls to enhance public safety across Mumbai.
Mumbai's BMC implements new 2025 advertising guidelines limiting digital billboard brightness to 3:1 ratio to reduce glare. Learn how this affects road safety and urban landscape.
Bank lending to first-time micro-entrepreneurs under PMEGP drops sharply due to rising NPAs, US tariffs, and tighter credit norms. Only 12,707 projects supported this fiscal year.
PayU India reports $3M adjusted EBITDA profit in Q2, reversing a $6M loss. Revenue hits $214M, up 21% YoY, driven by merchant lending boom. Read the full analysis.
As digital lending booms in India, learn the 5 critical personal loan mistakes to avoid for protecting your credit score and financial future. Borrow smart today!
Explore how India's festive season, boosted by GST cuts and digital credit, drives consumer spending and economic growth. Learn smart tips to avoid debt traps.
Osstem Implant leads India's dental transformation with K-Digital Dentistry, enhancing precision and accessibility. Discover how digital innovation is reshaping dental care.
Discover how Stock Lending and Borrowing Mechanism (SLBM) helps Indian investors generate low-risk passive income from idle shares while avoiding penny stock pitfalls.
New report reveals China's $2.2 trillion global lending strategy is shifting from development projects to M&A financing as Western nations resist equity investments.
Apple introduces Digital ID feature allowing iPhone users to store passport information in Apple Wallet for TSA checkpoints across 250+ US airports. Learn how it works and limitations.