digital lending Current Affairs, GK & News

RBI Regulatory Framework for Digital Lending

Recently, the Reserve Bank of India (RBI) released regulatory framework for digital lending, in a bid to mitigate the concerns related to credit delivery through digital lending methods. RBI has specifically mentioned that, lending business can only be done by entities that are regulated by RBI or those allowed under the law. RBI has categorised ..

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RBI Working Group on Digital Lending

The Reserve Bank of India recently constituted a working group on digital lending. The working group was constituted to study all aspects of digital lending activities in the regulated and regulated financial sector. The working group will ensure that an appropriate regulatory approach is put in the digital lending platform. Functions of the working group ..

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