Article on Digital Lending Guidelines


Quick Summary
This document explains the Reserve Bank of India's (RBI) new guidelines for digital lending, designed to curb malpractices by fintech companies. It clarifies regulations for banks, NBFCs, and digital lending apps, focusing on transparent practices, fair recovery methods, and borrower protection. The guidelines cover aspects like Annual Percentage Rate (APR) calculation, data privacy, and grievance redressal, making them essential reading for anyone using or involved in digital lending.

File details
DOCX 20 KB 0 downloads Corporate Law
File description
Decoding digital lending guidelines issued by Reserve Bank of India #docx
Comments


CCI Pro


Popular Files