A potentially rich environment of opportunities and challenges arises in the complex world of NBFCs in India. Functioning as essential elements of the country’s financial system, NBFCs are at the intersection of innovation, risk, and socioeconomic dynamics, ready to spark development and wealth. But they face a host of challenges in the face of rapidly… Continue reading Challenges and Opportunities for NBFCs in India
Tag: regulations
How are Regulatory changes impacting Fintech?
In the dynamic realm of fintech, regulatory changes have become a driving force reshaping the landscape and influencing the trajectory of innovation. The intersection of finance and technology is undergoing a profound transformation, with regulatory bodies adapting to the evolving nature of digital finance. As financial technology continues to redefine traditional banking and payment systems,… Continue reading How are Regulatory changes impacting Fintech?
The Rise of Microfinance in India
Microfinance has evolved as an important tool for poverty eradication and financial inclusion in India, achieving major achievements in recent decades. The concept of microfinance, which involves giving modest loans and financial services to low-income individuals and marginalized areas, has had a significant impact on the country’s socio-economic landscape. The birth of microfinance in India… Continue reading The Rise of Microfinance in India
The Rise of Regtech: Fintech’s Response to Regulatory Compliance
The fintech business has grown significantly in recent years, revolutionizing traditional banking and finance. However, as fintech firms continue to disrupt the market, they face an important challenge: regulatory compliance. To meet this challenge, a new industry has formed called Regtech. Regtech, or regulatory technology, is a term that refers to the use of new… Continue reading The Rise of Regtech: Fintech’s Response to Regulatory Compliance