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You will soon be able to track the status of your loan applications online. Recently, Finance Minister Nirmala Sitharaman announced the launch of online loan application tracking feature by clients in retail, MSME, housing, vehicles, working capital, limit enhancements, renewals, etc. While some lending institutions already have a loan application tracking feature on their websites, …

The concept of lending is reshaping in India, especially with the digital push of the government. Almost 50% of loan seekers in India with internet access actually received a digital loan in the past 12 months, Ketan Patel, CEO, CASHe Recount Aparajita Gupta in an interview. Although there is a digital push on the government …

Predatory payday loans and loan shark apps have become commonplace in Apple and Android app stores, with many consumers promising but little clarity on how much they will have to repay. Peer-to-peer lending, which has gained popularity thanks to online marketplaces that place those in need of quick capital with those looking to make money, …