digital lending rbi

Open data will become wider in scope, creating a level playing field for fintechs with traditional lenders. For MSME borrowers seeking business loans, those with credit scores higher than 700 are catered to more by fintechs than by other…

RBI’s Digital Lending Regulatory Framework: The Reserve Bank of India (RBI) on Wednesday said a regulatory framework to support orderly growth of credit delivery through digital lending methods while mitigating the regulatory concerns has…