Tag: Digital Lending Platform

Digital lending norms aimed at protecting consumers: RBI Deputy Governor M Rajeshwar Rao

Recently released digital lending norms are designed to end regulatory arbitrage and protect customers, Reserve Bank of India (RBI) Deputy Governor M Rajeshwar Rao said on Thursday. Rao also added that unbridled engagement of third parties, misselling, data privacy breaches, unethical recovery practices and exorbitant interest rates led the RBI to regulate digital lending activities. […]

Bank of Maharashtra launches digital lending platform for home, car loans

State-owned Bank of Maharashtra on Friday said it has launched a digital lending platform for its home and car loan customers. The platform will enable prospective retail loan seekers to get loans digitally through a paperless process at the convenience of their place and time of choice, the bank said in a release. The platform is capable […]

Back To Top
%d bloggers like this: