India’s Retail Credit Revolution: Access Doubles in a Decade, Driven by Consumption and Demographic Shifts
India has witnessed a remarkable surge in formal retail credit access over the last decade, more than doubling its reach. This growth is fueled by consumption-led lending, primarily personal loans, and extends to younger borrowers and women nationwide,…
Delhi High Court Orders Winding Up of Paytm Payments Bank Following RBI License Revocation
The Delhi High Court has ordered the winding up of Paytm Payments Bank, following the RBI's revocation of its license due to operational and management concerns. Girikumar M Nair has been appointed as the official liquidator for the process.