Online Lending

“Approach local police if…” RBI clears stance against unregistered digital lending platforms

RBI governor Shaktikanta Das has urged customers to approach local police if they have taken loans from unregistered digital lending apps and are facing any issue. 

Jun 08, 2022, 17:15 PM IST

Online lending platforms offering loans at exorbitant rates: HC asks RBI to file status report

The Delhi High Court asked the RBI to file a status report on the steps taken for implementation of a committee's report to look into the issue of online lending platforms offering short-term personal loans at exorbitant interest rates through mobile apps.

Apr 06, 2022, 20:08 PM IST