Reserve Bank of India

Photo: The Indian Express

RBI Issues Guidelines For Categories Of Digital Lenders To Curb Illegal Activities

The Reserve Bank of India (RBI) issued a set of guidelines in regard to digital lending, listing companies allowed in the business, the rules for loans and data collection, and how the fee is charged. On August 10, the RBI announced the digital lenders, which will be regulated by the RBI and concerned authorities. Furthermore, the regulated guidelines will be helpful to curb illegal activities in digital lending.


Wed, 10 Aug 2022 - 07:15 PM / by Varsha Joshi

Tags: Reserve bank of India, guidelines, Digital Money Lenders, Central Bank, India

Courtesy: Business Standard