BNPL

With the new guidelines the RBI seeks to protect consumers against predatory, unregulated lending apps. The Reserve Bank of India has issued the first set of guidelines for digital lending. It addresses concerns consumers had with…

RBI Has Banned Non-Bank Entities From Giving Credits: Paytm Postpaid, Jupiter, Ola Money Stops Credit Services RBI has barred NBFCs from loading credit lines onto prepaid payment instruments (PPIs) such as e-wallets or prepaid cards. …