RBI Ain’t Buying BNPL
The Morning Brief
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Tecnico System Is Losing Its Sleep Over Fintac Forms
The reserve bank of india is coming up with a very stern set of rules to control the way they lend. Digital wallets and prepaid cards issued by a slice or a une cannot be topped up with credit. This one rule will impact up to ten million users in the ban pel universe, for better or worse. We explore if the r b i's new nomes will put the breaks on the booming b n b l business.
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