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RBI detects dark patterns
Central bank would not remain a passive regulator and it would take a hard look at risk management framework for lenders on liquidity and market risk
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Bajaj Fin asked to stop two digital lending schemes
RBI has taken this step as the company was found to be not adhering to set guidelines by the
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Lending via digital mediums jumps 131%
A recent report by the Fintech Association for Consumer Empowerment (FACE) noted the constantly increasing volumes of digital lending in India. For FY
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RBI working group recommends new law to end illegal digital lending
Central bank also proposes stringent norms to regulate lending via apps
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Clix Capital aims to double disbursal in FY22
Clix Capital founder Anil Chawla said the company continuously strive to bridge the credit gap in unserved and underserved segments
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Covid-19 delays report on digital lending by RBI group
While the report submission is delayed, there are fresh cases of illegal activities in India's digital lending sector
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Money9 Edit | All that is digital isn’t gold
Borrowers ought to weigh in properly on the loan conditionalities before signing up
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RBI group set to submit report on digital lending
It will form the basis for setting rules for India's fast-growing digital lending sector
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How NBFCs are bridging the gap to a financially inclusive India, one micro-loan at a time
Over the years, digitally-driven NBFCs garnered significant market share in the lending business
