RBI sets the cat among the BNPL pigeons
Finshots Daily
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Fintek Credit Card
Some reports suggest that fintek firms have been issuing nearly two million of these pseudo credit cards a month. It doesn't even matter if the card has the backing of a bank. The regulator finally felt the need to do something, but what changed at the r b i headquarters? We don't know, but b and p l companies will be scratching their heads to find out.
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