April 17, 2023

RBI’s Co-Lending Model Guidelines For Banks And NBFCs

The Reserve Bank of India recently introduced the Co-Lending Model Guidelines for Banks and NBFCs to enhance credit flow to priority sectors of the economy. The guidelines were issued on 5th November 2020 to enable efficient and seamless credit flow to the under-served and un-served segments of the economy. The Co-Lending Model Guidelines allow banks…

How ‘Buy Now Pay Later’ Is Changing The Way Customers Spend

In recent years, “Buy Now Pay Later” has gained immense popularity among customers. BNPL refers to a payment option where customers can buy a product and pay for it later in instalments, usually with no interest. This payment option is available through various platforms and has transitioned the way customers spend. Traditionally, customers would either…