The Reserve Bank of India Innovation Hub has partnered with Vivifi Finance for a pilot project to provide unsecured loans to gig workers, including cab and food delivery drivers. The project uses alternate data for loan underwriting and aims to integrate these workers into formal banking channels. Future plans include linking the system with the Unified Lending Interface.
NSDL IPO witnesses 26% subscription on Day 1 so far. Check reviews, GMP, other details
NSDL’s IPO, a Rs 4,012 crore offer for sale, opened with strong grey market momentum, hinting at 15% listing gains. Brokerages are largely bullish, citing