No more 2-day wait for cheque clearing, RBI cuts timing to 'few hours'
Other initiatives announced by RBI include new lending apps repository, and higher transaction limit and "delegated payments" in UPI
digital lending apps
August 2024
August 2022
March 2022
RBI cracks down on loan recovery agents harassing customers
RBI says recovery agents who work on behalf of banks and NBFCs can't resort to intimidation or harassment of borrowers, and not call them on phone at odd hours in their debt collection efforts
2,562 complaints against illegal lending apps, Maharashtra tops list: Fin Min
Maharashtra tops the list with 572 complaints.
