The Reserve Bank of India is reviewing its scale-based regulation for non-bank lenders. This framework categorizes these companies by their systemic importance. The review comes as non-bank lenders play a growing role in credit delivery. Concerns about interconnectedness and risk remain. Upper-layer non-bank lenders hold a significant portion of assets. Their credit footprint is expanding across the economy.
Paisalo Digital bets on AI and Nvidia chips to double its loan book in 3 years
Paisalo Digital is aggressively pursuing a technology-first strategy, aiming to double its loan book in three years while maintaining a healthy net interest margin. The