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IPO-bound NBFC Kissht gets credit upgrade from CRISIL. Details here

Buzz line2 months ago05 mins

IPO-bound Kissht, which is operated by Onemi Technologies Private Ltd announced that its wholly owned NBFC subsidiary, Si Creva Capital Services Private Ltd, received a notable upgrade in its credit rating from CRISIL Ratings. CRISIL raised the long-term rating to CRISIL A-/Stable from CRISIL BBB+/Stable, and the short-term rating to CRISIL A1 from CRISIL A2+,…

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India data protection law collides with digital lenders’ monitoring models

Buzz line3 months ago013 mins

As the Digital Personal Data Protection (DPDP) Act nears full implementation, the industry is pushing back on a few key clauses in the Act. Two people familiar with the discussions said the Fintech Association for Consumer Empowerment (Face), a Reserve Bank of India (RBI)-recognized self-regulatory organization, has, along with some member firms, made multiple representations…

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