RBI’s UPI-credit card linking plan is not adding up for banks, fintech - Economic Times

6/9/2022 12:00:00 AM2 years 11 months ago
by Tarush Bhalla and Saloni Shukla
by Tarush Bhalla and Saloni Shukla
At present, about 50 million people avail instant loans across banks, non-banking finance companies (NBFCs) and digital lending fintechs the expectation is that this market could go up to 250 million users, said senior banking executives who spoke on conditio…
Bengaluru/ Mumbai: The central banks move to open credit card transactions on the Unified Payment InterfaceIndias preeminent digital payment networkis throwing up a slew of challenges from lack of … [+6149 chars]
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