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Updated: Aug 15, 2022, 06:28 PM IST

DNA Decoded RBI’s new digital lending rules How will borrowers benefit

Reserve Bank of India issued guidelines on digital lending to strengthen credit system and financial environment of the country. Digital lending has long been plagued with exorbitant interest rates, violation of data privacy, aggressive recovery practice, and fraud.

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Reserve Bank of India issued guidelines on digital lending to strengthen credit system and financial environment of the country. Digital lending has long been plagued with exorbitant interest rates, violation of data privacy, aggressive recovery practice, and fraud.

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