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RBI issues FAQs on default loss guarantee in digital lending

The Reserve Bank of India (RBI) on Friday issued frequently asked questions (FAQs) to provide more clarity on its guidelines for default loss guarantee (DLG) in digital lending

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RBI issues FAQs on guidelines for default loss guarantee in digital lending

While the guidelines mandate the banks accepting DLG cover to have a Board approved policy in place, the banks acting as DLG providers shall also put in place Board approved policy as a prudent measure, the RBI said.

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Key Developments in India s Fintech Landscape

Key Developments in India s Fintech Landscape
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Loan portfolio protection: How First Loss Default Guarantee (FLDG) helps financial institutions

Loan portfolio protection: How First Loss Default Guarantee (FLDG) helps financial institutions
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Rezo ai launches AI-powered Collection Product for LSPs - The Hindu BusinessLine

Rezo ai launches AI-powered Collection Product for LSPs - The Hindu BusinessLine
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