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Are Banks Warming Up To The Idea Of Giving Loans Against Crypto Assets? Here's What Is Happening
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Crypto-backed retail loans are similar to any other secured loan
The rise of cryptocurrency has opened up a number of business opportunities for investors as well as lenders. While there are some risks associated with the crypto world, the incredible returns attract traders more intimately when compared to other investment tools. After initial hesitation, banks too have started exploring ways on how to capitalise on this craze.
In India, banks like Kotak Mahindra have begun partnering with online
Read more on ndtv.comAbout this in other media
Banking Behemoth's Crypto Wallet, Ethereum Outflows, Bitcoin's Milestone, Cheap NFT Ape + More News cryptonews.com /2 years ago
Crypto token should be treated as special class of securities: CII economictimes.indiatimes.com /2 years ago
EMIs on home loans to remain unchanged as RBI maintains status quo on repo rate financialexpress.com /2 years ago
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