Global Expansion Strategies for FinTechs in Emerging Markets: A Playbook for Leaders
2nd August 2025
Exclusive
How Open Banking is Shaping Financial Services Globally
QR Codes and the Cashless Leap: Transforming India's Financial DNA
Flipkart Gets a Lending Licence: A Bold Leap into Embedded Finance
The Evolution of Fintech Regulation: What’s Next?
Top Fintech Innovations Shaping 2025: The Future of Finance
Biometric Payments: The Next Big Trend in Secure Transactions
The Impact of 5G on Fintech Services
How AI is Transforming the Credit Scoring System
The Rise of Contactless Payments: Benefits and Security Concerns
.jpg)
The Future of Payments: Trends Reshaping Transactions in 2025
What the Future Holds for Digital-Only Banks: Navigating the Next Era of Banking
The Role of Cryptocurrencies in Cross-Border Payments
Subscribers: 129
RBI Issues Stricter Norms for Digital Lenders to Reinforce Borrower Safeguards
News
10 May 2025
1 min read
397
The Reserve Bank of India (RBI) has rolled out a fresh set of regulations aimed at tightening control over digital lending platforms and ensuring stronger borrower protection. The move comes amid growing concerns around mis-selling, lack of transparency, and unethical recovery practices in the digital credit space.
Key measures include mandatory unbiased loan display by lending apps, stricter due diligence obligations for banks and NBFCs partnering with fintechs, compulsory grievance redressal timelines, and reporting of all digital lending apps to the RBI’s CIMS portal.
With these new norms, the RBI seeks to restore trust and accountability in a rapidly expanding digital lending ecosystem that has often operated in regulatory grey areas.
Reference: ET BFSI
👍 0
💬 0
Read Next
News
HSBC India Posts 17% Profit Growth in H1 2025, Driven by Corporate Banking Surge
News
India and Singapore Expand UPI-PayNow Integration to Broaden Cross-Border Remittances
News
Wise Doubles Down on India with Hyderabad Tech Hub, Plans to Hire Hundreds
News
Tensions Rise in Fintech: Why Payment Gateways Are Cutting Ties with Juspay
News
UGRO Capital Confirms No Job Cuts Post-Profectus Acquisition, Projects ₹115 Cr Profit Surge
News
Future Generali India Insurance Sets Ambitious Rs 10,000 Crore Premium Target by 2030
×
Live Polls
Live Discussion
Topic Suggestion
Whom Do You Wish To Hear
Leave your opinion / comment here