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RBI greenlights first loss default guarantee (FLDG), industry experts react

By Puja Sharma

June 12, 2023

  • Banking Regulations
  • Central Bank of India
  • Digital Lending

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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