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The Reserve Bank of India (RBI) has raised concerns over banks partnering with fintech startups for gold loan evaluations, citing issues with the process. This caution comes as IT companies report strong revenue growth outside North America markets.
StartUp Central | Take a look at the top startup headlines this hour📢 ➡️Paytm Money CEO Varun Sridhar steps down; Rakesh Singh appointed as Chief Executive ➡️Byju's implements a commission-based policy for its sales team ➡️Licious aims for an IPO within 24 months; targets 500… https://t.co/DrijQsWbSk
Major level rejig! Paytm Money’s CEO Varun Sridhar steps down – Details https://t.co/BjdRDCXeFb
#RBI flags concern over #goldloan startups. Why the worry? @SangitaMehtaET with insights into RBI's cautionary move and its implications. https://t.co/reKFziuQRd