Digital lending Subject :Economy Section: Monetary Policy Context: Reserve Bank of India (RBI) has issued guidelines for entities engaged in digital lending. Details The guidelines apply to the RBI’s regulated entities (REs) and the LSPs engaged by them to extend credit facilitation services. For the second category digital lenders, the respective regulator may […]

    Digital lending Subject – Economy Context – Digital lending: RBI panel pitches for tougher norms, separate law Concept – Digital lending is the process of availing credit online. It consists of lending through web platforms or mobile apps, by taking advantage of technology for authentication and credit assessment. Its increased popularity amongst new-age […]