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RBI greenlights first loss default guarantee (FLDG), industry experts react
By Puja Sharma
A regulatory framework was released by the Reserve Bank of India (RBI) last week to permit default loss guarantee arrangements in digital lending. In terms of their lending arrangements with banks and non-banking financial companies, this is considered a major relief for FinTech companies. The first loan default guarantee, or FLDG for short, is an […]
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