RBI sounds alarm on microfinance: High interest, harsh recovery hurt vulnerable borrowers

The Reserve Bank of India (RBI) has once again highlighted serious concerns surrounding the microfinance sector in the country. At a recent event held in Mumbai, RBI Deputy Governor M. Rajeshwar Rao cautioned against the growing challenges faced by microfinance institutions (MFIs) and emphasized the need for a more sensitive and development-oriented approach towards this…

This B2B startup has turned e-rickshaws into ad platforms; rickshaw operator can earn up to Rs 2,500 monthly

Ever noticed posters and banners inside buses, trains, or autos during your daily commute or while traveling on vacation? In the digital era, those static ads are evolving into video advertisements, bringing a new wave of innovation to public transport. What began as a college project between two young women in Gwalior is now transforming…