ONDC expands into digital lending; to offer loans in 6 minutes
Initiative set to simplify borrowing experience and expand credit availability for remote and underserved regions
digital lending
August 2024
November 2023
June 2023
August 2022
June 2022
March 2022
RBI orders Bajaj Finance to stop disbursing some loans
The central bank says non-adherence of Bajaj Finance to the extant provisions of digital lending guidelines of the Reserve Bank of India necessitated this action.
MPC Meet: From RuPay prepaid forex card to expanding e-RUPI scope, here are measures announced by RBI
RBI widens of scope of framework for resolution of stressed assets, streamlines BBPS processes and membership criteria, and issues guidelines on default loss guarantee arrangement in digital lending
RBI tightens digital lending norms to curb scams
RBI's new regulations lay down inter alia measures to protect borrowers, as well as technology and data requirements to be followed by digital lenders.
Big Tech risks: RBI to issue digital lending guidelines soon
Big Tech firms have an enormous amount of customer data which has helped them to offer tailored financial services to individuals lacking credit history, says RBI governor.
2,562 complaints against illegal lending apps, Maharashtra tops list: Fin Min
Maharashtra tops the list with 572 complaints.
