Verify the digital lending app's regulatory status before taking a loan: SmartCoin CEO
Rohit Garg, CEO and Co-Founder of SmartCoin, talks to BT about illegal lending apps and how ensure a secure lending environment
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Rohit Garg, CEO and Co-Founder of SmartCoin, talks to BT about illegal lending apps and how ensure a secure lending environment
As we move from the rule-making phase of the regulatory cycle to the enforcement, Fintech players must set their house in order.
Prominent market players have affirmed that they are on board with the Banking and Financial Institutions' Code of Conduct (BFI CoC) and associated Lending Guidelines, as well as their underlying objective to drive trust and professionalism in the field
Ashneer Grover tweeted,
Ashneer Grover wrote on Twitter that the new guidelines issued by the central bank on digital lending was one of the worst in the world.