Digital lending apps: Survey shows instant loan app usage, interest rate charges reduced after RBI’s action

Digital lending apps: Survey shows instant loan app usage, interest rate charges reduced after RBI’s action

Digital lending apps: A recent survey has found that the Reserve Bank of India’s (RBI) steps against loans being offered by unauthorised digital platforms and mobile applications had a positive impact on users. In 2020, the central bank released a cautionary message directed towards small businesses and individuals regarding the risks associated with obtaining loans … Read more

Mutual Fund KYC: Here’s how to verify your status online and fix gaps

Mutual Fund KYC: Here’s how to verify your status online and fix gaps

Mutual fund KYC norms: Capital market regulator SEBI from April 1 brought in fresh regulations for KYC process for mutual fund account holders. Under the new norms, asset management companies (AMCs) will have to update KYCs of mutual fund subscribers with Aadhaar and PAN. This directive is applicable to both new and old mutual fund … Read more