Wednesday, January 13, 2021

RBI forms working group to regulate digital lending through loan apps

“Recent spurt and popularity of online lending platforms/ mobile lending apps (‘digital lending’) has raised certain serious concerns which have wider systemic implications,” the central bank said in a statement on Wednesday.

source https://economictimes.indiatimes.com/industry/banking/finance/rbi-forms-working-group-to-regulate-digital-lending-through-loan-apps/articleshow/80251464.cms

No comments:

Post a Comment