side-banner

Ashneer Grover, BharatPe cofounder, slams RBI over non-bank PPIs directive

Shortpedia

Content Team
Image Credit: economic times

Ashneer Grover has slammed the RBI over its latest directive to non-bank prepaid payment instruments to stop loading credit lines onto their products. In a tweet, Grover said that "not allowing loading of pre-paid instruments through credit is aimed at protecting bank's lazy credit card business from Fintech's potent BNPL business".