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RBI to introduce regulatory framework for lending business, promises fair practices and data privacy - Vimarsana News

RBI to introduce regulatory framework for lending business, promises fair practices and data privacy

Published: December 8, 2023

It entails aggregation of loan offers from multiple lenders on an electronic platform, which enables the borrowers to compare and choose the best available option

Source: businesstoday.in
Related Topics:
Adhil ShettyShaktikanta DasSaif KhanLending Service Providers LspsBanking Financial Companies NbfcsReserve BankGovernor Shaktikanta DasRegulatory PoliciesLending Service ProvidersKey Fact SheetExecutive DirectorFederal BankWeb AggregationNon Banking Financial CompaniesChief Growth OfficerDigital LendingLending Business
RBI tells digital lending apps who is the boss; empowers borrowers - Vimarsana News

RBI tells digital lending apps who is the boss; empowers borrowers

Published: August 11, 2022

The framework is based on the principle that lending business can be carried out only by entities that are either regulated by the central bank or entities permitted to do so under any other law

Source: businesstoday.in
Related Topics:
Adhil ShettyGaurav ChopraSanjay KaoGroup On Digital LendingLoan Service Provider LspsReserve BankLoan Service ProviderRegulated EntityDigital LendingKey Fact SheetWorking GroupDigital Lending ApplicationsIntegrated Ombudsman SchemeChief Business OfficerBlending ApplicationsRegulated EntitiesUnit Linked Insurance PlanDigital Lending AppsRbi Digital Lending AppsBi Digital LendersBi Guidelines On Digital Lending AppsBi Guidelines On Digital LendersMpact Of Rbi Guidelines On Digital Lending AppsMpact Of Rbi Guidelines On Digital Lenders