RBI
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Opportunity India Desk Aug 11 2022 - 3 min readThe Reserve Bank of India (RBI) in its new guidelines said that all digital loans must be disbursed and repaid through bank accounts of regulated entities only, without pass-through of loan service providers (LSPs) or other third parties. The guidelines, aimed at curbing rising malpractices in the digital lending ecosystem, follow the recommendations of a ...
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Abhishek Kumar Singh Aug 11 2022 - 3 min readEaseBuzz, a leading platform that provides payment solutions in the country received in-principle approval from Reserve Bank of India for Payment Aggregator Authorization. EaseBuzz provides businesses with technology based payment solutions to digitise the payment collection in easy steps. The company is creating easy to use and pocket friendly API (Application ...
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Opportunity India Desk Aug 10 2022 - 3 min readThe latest survey conducted by Reserve Bank of India (RBI) has suggested further moderation could be on the cards after CPI inflation breached the apex bank’s 6 per cent tolerance limit for the fifth month in a row in June. According to the survey, households expect the inflation to have moderated by as much as ...
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Priyanka Tanwer Aug 09 2022 - 4 min readIn today’s world, technological advancement has brought a major change in consumer behaviour and purchase habits while online and digital payments have become extremely popular with consumers. Now, Buy Now Pay Later (BNPL) has caught the fancy of consumers. According to recent global survey almost 57 per cent consumers strongly felt that BNPL has the ...
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Opportunity India Desk Aug 05 2022 - 6 min readAs predicted by many economist and experts, the Reserve Bank of India (RBI) Governor Shaktikanta Das announced that the bank has increased the repo rate by 50 basis point (bp). This hike shows the singular focus on inflation of the monetary policy committee (MPC). One bp is one hundredth of a percentage point. With this, ...