Digital Lending

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Digital Lending

Default Loss Guarantee

Default Loss Guarantee

Recent instructions about Default Loss Guarantee (DLG) in Digital Lending were released by the Reserve Bank of India (RBI). These rules are meant to apply...

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Digital Lending

Documents required for money lending license

Documents required for money lending license

If an individual is considering starting a money lending business in India, obtaining a license is necessary! This license is an absolute necessity to ensu...

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Digital Lending

How to start Digital Lending?

How to start Digital Lending?

One cannot understand how much digital dependency has become in India for both personal and professional reasons. The banking and financial industries have...

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Digital Lending

Adoption of Digital Lending Guidelines  

Adoption of Digital Lending Guidelines

Digital lending is the practice of offering loans to clients while utilising technology and online platforms. This can include mobile apps, internet media,...

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Digital Lending

Guidelines on Default Loss Guarantee (DLG) in Digital L...

Guidelines on Default Loss Guarantee (DLG) in Digital Lending

The Reserve Bank of India, in its press release dated June 8, 2023, issued Statement on Developmental and Regulatory Authority. The statement includes vari...

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Digital Lending

Guidelines for Storage of Payment System Data

Payment system data

Given the current trend in data storage technology, data is typically kept in several places to provide data centres with a backup. The RBI's order requiri...

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Digital Lending

Digital Lending in India: RBI Guidelines for Banks and...

Digital Lending

Due to concerns over the process of Digital lending in India, the Reserve Bank of India notified the guidelines on 2nd September 2022. The guidelines are i...

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Digital Lending

Mandatory Norms under RBI Regulations on Digital Lendin...

RBI Regulations on Digital Lending

The Reserve Bank of India, on August 10, 2022, released detailed norms relating to the digital lending sector of the country. The regulatory framework issu...

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