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.
digital lending frauds
August 2022
May 2022
RBI crackdown on lending apps: 5 NBFC licences cancelled
The RBI says these companies flouted the extant rules on the charging of excessive interest and resorted to "undue harassment" of customers for loan-recovery purposes.
