Blogs

  RBI Slaps Penalty on Shriram Finance: A Strong Signal to NBFCs and Fintechs In a recent move, the Reserve Bank of India (RBI) fined Shriram Finance Limited, one of India’s major NBFCs, for violating digital lending regulations. Thi...

On August 16, 2024, the Reserve Bank of India (RBI) issued a notification announcing significant revisions to the Master Direction – Non-Banking Financial Company – Peer to Peer Lending Platform (Reserve Bank) Directions, 2017 (‘Dir...