fldg

Twitter faced disappointment in the Karnataka High Court today when its plea challenging the Central government’s orders to block certain accounts was dismissed. This comes weeks after Twitter founder and former boss Jack Dorsey upset the…

Crisil noted that some NBFCs, which are following the Ind-AS system of accounting, are already recognising such stress as NPAs in their books and will not be impacted because of the new guidelines. The guidelines announced on June 8 will…

The Reserve Bank of India’s latest guidelines around default loss guarantees provided by fintechs to regulated lending entities is seen as a fine balancing act by the central bank.On one hand, the guidelines around FLDG arrangements between…

NEW DELHI: The RBI has issued guidelines permitting the use of first loss default guarantee (FLDG) arrangements in digital lending, but with strict norms. Previously, the RBI cracked down on FLDGlending models in which fintechs provided…

Following the release of the Reserve Bank of India’s (RBI’s) new digital lending rules, fintechs in India have been in continuous consultation over first loss default guarantee (FLDG) arrangements. Today we have new details of the…