Reserve Bank of India Releases Updated Guidelines on Digital Lending: Key Rules, Borrower Protection, and What It Means for Fintechs
RBI Tightens Digital Lending Framework to Protect Borrowers and Strengthen Compliance The Reserve Bank of India (RBI) has issued updated guidelines on digital lending, reinforcing its regulatory framework for banks and non-banking financial companies (NBFCs) operating through digital platforms and lending apps. The move is significant for millions of Indian borrowers who use mobile apps for instant…

