India’s growing digital economy, expanding salaried population and increasing demand for emergency credit have created a significant market for short-term personal loans.
Customers often require small loans for medical expenses, rent, utilit...
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To bolster transparency and protect the interests of borrowers utilizing digital lending platforms, the Reserve Bank of India (RBI) has introduced guidelines aimed at regulating loan aggregators, now termed Lending Service Providers (LSPs).
These ...
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The Reserve Bank of India (RBI) has introduced draft guidelines that aim to bring transparency and fairness to the digital lending space. These guidelines are specifically targeted at regulating Lending Service Providers (LSPs), previously known as l...