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Robotic Automations

Indian fintech Slice seals bank merger | TechCrunch

October 28, 2024 9:49 AM0


Indian fintech startup Slice has completed its merger with North East Small Finance Bank, marking a rare instance of a startup successfully entering India’s tightly regulated banking sector. The merger, first proposed last year, transforms the Bengaluru-based startup into a banking entity, following months of regulatory scrutiny that has reshaped India’s fintech landscape. Slice, which […]

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Software Development in Sri Lanka

Robotic Automations

India's central bank orders Sachin Bansal's Navi to halt loans | TechCrunch

October 25, 2024 7:26 AM0


India’s central bank ordered four non-bank lenders, including Navi Finserv and DMI Finance, to halt loans from October 21, citing excessive interest rates and regulatory breaches. The Reserve Bank of India said (PDF) the firms violated rules on pricing, income assessment, and asset classification. This action follows months of warnings about responsible lending practices, it […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

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