scorecardresearchFintech firms seek more clarity on RBI lending rules: Report

Fintech firms seek more clarity on RBI lending rules: Report

Updated: 11 Aug 2022, 10:11 AM IST
TL;DR.
Firms seek info regarding the aspects of ‘First Loss Default Guarantee’ and formation of self-regulatory body.
RBI has also asked banks and non-banks to put in place systems to address consumer grievances within 30 days 

RBI has also asked banks and non-banks to put in place systems to address consumer grievances within 30 days