RBI

digital lending

RBI’s 2025 Digital Lending Directions: A New Framework for Trust and Transparency

Abstract The Reserve Bank of India (Digital Lending) Directions, 2025 aims at enhancing transparency, borrower protection, and systemic accountability, marking a significant evolution in regulating the digital lending industry from not only a financial but also from a data-governance perspective. This article analyses the key changes introduced and critically evaluates their strengths and drawbacks. While […]

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A New Dawn in Banking Transparency: RBI’s Revised Directions on Fraud

Introduction In a landmark move, the Reserve Bank of India (“RBI”) has issued a revised set of directions aimed at bolstering the transparency and accountability of commercial banks in declaring borrower accounts as “fraud.” This initiative addresses the growing number of legal challenges against banks’ declarations of fraud and the widespread dissatisfaction among borrowers and

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BNPL in India: A Convenient Solution with a Dark Side

In this post, the author addresses the exponential growth of India’s fintech sector, particularly highlighting the rise of Buy Now Pay Later (BNPL) services driven by a lack of specific regulatory frameworks. They elucidate how while some companies offering BNPL are under NBFC regulations, there’s a need for tailored guidelines to oversee and protect consumers engaging in BNPL transactions. The article further discusses the burgeoning concerns in India’s BNPL market, advocating for a more encompassing regulatory approach to mitigate issues like transparency, fraud, and data protection, aiming to bolster consumer confidence and legitimacy in these services.

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