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RBI forms panel to suggest measures for promoting digital lending

RBI forms panel to suggest measures for promoting digital lending
India
Published: Wednesday, January 13, 2021, 19:05 [IST]
Mumbai, Jan 13: Amid rising incidents of harassments relating to online lending, the Reserve Bank on Wednesday constituted a working group to suggest regulatory measures to promote orderly growth of digital lending.
Representational Image
The RBI said that the recent spurt and popularity of online lending platforms/mobile lending apps has raised certain serious concerns which have wider systemic implications.
Against this backdrop, a Working Group (WG) is being set up to study all aspects of digital lending activities in the regulated financial sector as well as by unregulated players so that an appropriate regulatory approach can be put in place, the central bank said. ....

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RBI sets up panel to suggest measures for promoting digital lending

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RBI sets up panel to suggest measures for promoting digital lending
Amid rising incidents of harassment relating to online lending, the Reserve Bank on Wednesday constituted a working group to suggest regulatory measures to promote orderly growth of digital lending. The RBI said that the recent spurt and popularity of online lending platforms/mobile lending apps has raised certain serious concerns which have wider systemic implications.
Against this backdrop, a Working Group (WG) is being set up to study all aspects of digital lending activities in the regulated financial sector as well as by unregulated players so that an appropriate regulatory approach can be put in place, the central bank said. ....

Ajay Kumar Choudhary Cgm In Charge , Monexo Fintech , Rahul Sasi Cyber , Bank On , Department Of Regulation , Department Of Payment , Department Of Supervision , Image Source , Reserve Bank , Working Group , Director Jayant Kumar Dash , Ajay Kumar Choudhary , Settlement Systems , Manoranjan Mishra , Vikram Mehta , Rahul Sasi , Cyber Security Expert , அஜய குமார் சவுத்ரி சிஜிஎம் இல் கட்டணம் , மோனேக்ஷோ ஃபிண்டெக் , ராகுல் சாசி சைபர் , வங்கி ஆன் , துறை ஆஃப் ஒழுங்குமுறை , துறை ஆஃப் கட்டணம் , துறை ஆஃப் மேற்பார்வை , படம் மூல , இருப்பு வங்கி ,