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Industry leaders welcome RBI’s tightening of rules around digital lending

By Puja Sharma

August 12, 2022

  • Digital Lending
  • digital lending regulations
  • Financial Regulations
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In line with RBI tightening the rules for digital lending, the central bank in its public statement mentioned regulated entities must now ensure that loan servicing and repayments are executed directly into their bank accounts without using the pass-through or pool accounts of third parties. The borrower’s bank account must also be credited with the […]

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