digital lending services

Design-wise, it features a large Matrix-style grille, flanked by Falcon-inspired daytime running lights and modern split headlamps at the front. The side profile highlights its premium stance with 19-inch alloy wheels, while the rear is marked by new connected LED tail-lights and a sculpted tailgate. It also has a maximum water-wading capacity of up to 810 mm.

Principal Secretary PK Mishra cautioned financial systems against excessive speculation and market instability, emphasizing their connection to the real economy and citizens' lives. He highlighted India's digital public infrastructure, including the JAM trinity and UPI, as transformative forces for financial inclusion and credit access, particularly for underserved populations.

Talking about the engine, it’s offered in a single 2.0-litre twin-turbo diesel with 215 hp of power, which comes paired with a ZF 8-speed automatic transmission. The SUV gets a 4x4 system with an all-terrain management software which MG calls M-Hub, which offers up to 10 selectable terrain and drive modes.

As part of the reshuffle, Vijay retained the Poverty Alleviation portfolio and reassigned the Women Welfare department, previously held by him, to newly inducted minister K Jegadeshwari. Congress leaders S Rajesh Kumar and P Viswanathan have been allotted the Tourism and Higher Education portfolios, respectively. Another TVK minister, Mohamed Farvas, has been allocated the Labour Welfare and Skill Development portfolio.

Arundhati Bhattacharya, Naina Lal Kidwai, Chanda Kochhar, Shikha Sharma were all leading some of the country’s largest financial institutions. Today, a striking number of global capability centres run in India by American, European and British banks and financial services firms are led by women. These centres span everything from core banking technology and risk management to advanced analytics and operations, supporting some of the world’s largest financial institutions and increasingly shaping how they function globally

IPO-bound Hero FinCorp is strategically leveraging AI for future growth, alongside focusing on 'Aspiring India' households and asset inclusion. The NBFC aims to raise approximately Rs 3,700 crore through its public offering. The company is utilizing AI for a real-time predictive risk intelligence system and to enhance customer service, demonstrating a significant evolution from its initial two-wheeler financing.

The cabin layout remains unchanged, and in the features department, this electric SUV boasts a 10.25-inch digital instrument cluster, a 10.1-inch infotainment screen supported by wireless Android Auto and Apple CarPlay, cloud-based navigation, panoramic sunroof, ambient lighting with 12 colour options and ventilated front seats. Apart from that, it gets features such as wireless charging, a JBL sound system, automatic climate control, multiple USB ports, and an in-cabin air purifier.

India's financial landscape has been revolutionized by UPI, the nation's digital payments centerpiece. Launched in 2016, it has become the world's largest real-time payment system by volume, processing billions of transactions monthly. UPI has significantly expanded financial inclusion, bringing millions into the digital economy and setting a global benchmark for inclusive financial innovation.

The SUV will be offered in three variants, with both six- and seven-seat configurations available. Three variants include entry-level Sharp 4x2, mid-spec Savvy 4x2 and range-topping Savvy 4x4. Once launched, the new Majestor will rival the Toyota Fortuner Legender and is expected to be priced from around Rs 40 lakh (ex-showroom).

Design-wise, it features a large Matrix-style grille, flanked by Falcon-inspired daytime running lights and modern split headlamps at the front. The side profile highlights its premium stance with 19-inch alloy wheels, while the rear is marked by new connected LED tail-lights and a sculpted tailgate that carries ‘Morris Garages’ and ‘Majestor’ badging. Other highlights include faux twin exhaust tips, a skid plate, an integrated spoiler, a rear wiper with a washer and more.

India's digital censorship infrastructure is rapidly expanding, dismantling protections established by the Supreme Court. Platforms face immense pressure and compressed timelines for takedown requests, leading to default censorship. Citizens are denied notice, hearings, and reasons for blocked content, while regulatory agility outpaces legal recourse, threatening permanent censorship.

The Reserve Bank of India is pushing for a unified payments system. Customers will soon see all their payment mandates in one place. This includes UPI and credit card subscriptions. The move aims to protect users from tracking recurring outflows. The RBI is also developing advanced digital platforms for better risk management and customer service.

Lending is undergoing a significant transformation, driven by customer expectations for immediacy and personalization. Legacy systems struggle to keep pace, creating a massive credit gap for SMEs. Lending-as-a-Service (LaaS) emerges as a solution, offering a flexible, cloud-based ecosystem that enables rapid deployment, personalization, and scalability, ultimately improving customer satisfaction and reducing costs.

The Urban Cruiser Ebella is available in two battery pack options - 49kWh or a 61kWh battery pack. The 49kWh battery will come paired with a single motor placed on the front axle, which puts out 144hp. The bigger 61kWh battery also gets single-motor, but here it puts out 174hp. Both motors produce identical 189Nm of torque.

The RBI on Wednesday mandated that digital loans must be credited directly in the bank accounts of borrowers and not through any third party, as it put in place strict norms to curb rising malpractice in digital lending space.

Parliament's finance committee has raised alarms over digital payment sustainability, urging a viable revenue model for UPI's growth. It also highlighted structural gaps in formal lending, recommending a policy shift for Jan Dhan Yojana towards active usage. Cybersecurity weaknesses in banks and declining insurance penetration were also flagged, with calls for stricter penalties and zero tolerance for claim repudiations.

Seeking to safeguard the interest of customers, a Reserve Bank working group has suggested enactment of a separate legislation to prevent illegal digital lending through apps.

Lending, an ancient economic activity, involves borrowing and repaying. In Mesopotamia, farmers borrowed seeds and paid back with food. In India, Sahukars played a key role in lending. Traditional lending models evolved with interest and trust-based systems. Modern banking integrates digitalization and data analytics.