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RBI suggests stricter norms around digital payment in India

By Puja Sharma

December 13, 2021

  • Back-End Core Technology
  • Bank Data
  • Banking
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The recommendations seek to protect the integrity of the system against entities not authorized to carry out lending business. Further, an institutional mechanism is envisaged to ensure the basic level of customer suitability, appropriateness, and protection of data privacy. The Reserve Bank of India (RBI) has presented stricter norms for the digital lender in the […]

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