It’s issue #140 of DNT Weekly and the week has been quite eventful. Here’s what we’ve been reading.
India’s payment ecosystem is set to receive updates that will propel it to become a global leader in financial tools for consumers. This year, the focus appears to be on lending and credit more than ever.
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As new technologies and tools emerge daily, we take a look at how industry leaders deal with the unfamiliar, what excites them and how there is nothing truly new under the sun.
14 years ago, there were just 8 index-based products in India. Today, there are over 200. And in just the past year and a half, the total corpus has doubled from ₹3 trillion to ₹6.25 trillion.
After coming across Mrs Bessie, an elderly person who was scammed by a person for $20,000, Rober (a Youtuber) took it upon himself to get to the bottom of this. While some of the people responsible were arrested in the United States, he found out that those arrested were only low-level mules and the actual scammers were based in India.