Share on LinkedInShare on LinkedIn

ARTICLE · 21 MARCH 2023

FinTales Issue 26: The Party Crashers

Have you ever been to a party where the police showed up? If yes, congrats, I suppose. What if it's not the police? A surprising party pooper showed up at India's digital lending party this month.

IndiaTechnology

Have you ever been to a party where the police showed up? If yes, congrats, I suppose. What if it's not the police? A surprising party pooper showed up at India's digital lending party this month.

Let me set the scene: You're at a party, the music is popping, the décor is unicorn-themed, and the drinks are flowing. You get the drift. It's late and a few gate crashers turn up. These newcomers are a rowdy bunch – moving fast and breaking bottles. Rumours swirl that they may even belong to 'hostile' countries. The party continues, everyone's having a great time. But the gate crashers keep getting more aggressive. Now sirens are blaring. You think it's the police – a fine and a warning, perhaps. But lo and behold, it's the army breaking down the door. The party comes to a screeching halt. It's pandemonium, and you're caught in the crossfire.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from