Investors are showing interest in credit-based financial companies with strong profitability indicators, but they are still hesitant to make new investments until they gain more confidence.
CRED’s founder says that a bulk of the UPI growth has come with the help of such companies as they create distribution and a positive change of consumer behaviour.
In his address, he notes that customer-centricity, governance, and self-regulation are critical for the fintech ecosystem to be stable and future-ready.
Most rules and laws are framed without much discussion and any cost-benefit analysis, says Sujeet Kumar, MP and chairman, Committee on Petitions (Rajya Sabha)
The next wave in the fintech sector could be the cash flow lending to MSMEs using account aggregator, UPI and OCEN, says CEA.
99.67% of shareholders who voted approved Sharma's re-appointment, while 0.33% were against the resolution. Shareholders also approved his remuneration, with 94.48% in favour while 5.52% against it
