Microfinance risk: Small loans can spell big trouble for Indian banks
Watch out for signs of asset stress in India’s micro-finance sector after a phase of irrational exuberance. Bad loans, even ...
decrypt2d
Magnify.cash Launches MAGBot: The World’s First Telegram Bot for Loans, Establishing "Identity-Backed Lending" Using World IDs
Magnify Cash, a leader in onchain lending, has launched MAGBot, the world’s first Telegram-based micro-lending bot, ...
Business Insider India2y
1 in 2 micro loans are being rejected since April, thanks to RBI's new microfinance framework
One out of every two applications for small loans have been rejected ever since ... What has led to such micro loan rejection? ICICI Securities — a subsidiary of ICICI Bank — has blamed ...