The Working Group on Digital Lending including Lending through Online Platforms and Mobile Apps, which was constituted by the Reserve Bank of India (RBI), has submitted its report. RBI had set a WG on Digital Lending including Lending through Online Platforms and Mobile Apps, with Jayant Kumar Dash, Executive Director, RBI, as the Chairman to study all aspects of digital lending activities in the regulated financial sector as well as by unregulated players.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
In the near term, the WG suggested setting up a nodal agency in consultation with stakeholders to verify the technological credentials of the Digital Lending Apps (DLAs) of the balance sheet lenders and Lending Service Providers (LSPs) operating in the digital lending ecosystem.
On every year 19th April the world observes the World Liver Day to highlight the…
Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…
There are more than 7,000 languages spoken across the world, and each one has its…
Miss Sake India 2026 title was awarded to the Nishita Yogesh Antarkar at a prestigious…
Philippines has joined the US-led Pax Silica initiative. This initiative aims to strengthening the global…
All India Council for Technical Education has launched the 3rd edition of the flagship AICTE-VAANI…