Searched for
LSPS
RBI tightens default loss guarantee rule; NBFCs to exclude cover on fintech-sourced loansThe Reserve Bank of India has instructed finance companies to exclude default loss guarantees (DLGs) from fintech firms when provisioning f...- RBI issues new guidelines for loan service providers to ensure transparency in multi-lender loan offersReserve Bank of India released new guidelines for loan service providers. These rules address loan deals involving multiple banks and NBFCs...
- RBI expands NBFC audit ambit to cover their service providersThe Reserve Bank of India is intensifying scrutiny of NBFCs' partnerships with fintech loan service providers (LSPs). RBI officials are dir...
- RBI cancels registration of Nagpur-based Zavron FinanceThe RBI has cancelled the certificate of registration of Zavron Finance due to irregular lending practices, including outsourcing core deci...
- Outsourcing carries risks of reliance on single vendor: RBI Deputy Governor RaoRBI Deputy Governor M Rajeshwar Rao highlighted third-party dependence risks, referencing the Microsoft outage. He noted vendor lock-in, cy...
- RBI Deputy Governor M Rajeshwar Rao flags risks of relying on single vendor for servicesDeputy RBI Governor Rao highlighted the risks of single-vendor dependency at a CareEdge event, citing the Microsoft outage. An RBI survey r...
- ONDC is bulking up financial services play with consumer-facing appsTata Group's super app Tata Neu and credit marketplace Paisabazaar are conducting pilot studies for credit disbursals through the ONDC netw...
- Lending service providers may have to provide digital view of all offers: RBIThe Reserve Bank of India (RBI) is considering new rules for digital lending, aiming to enhance transparency. The proposed guidelines would...
- RBI proposes new norms for LSPs to promote transparencyLSP is an agent of a regulated entity (RE) who carries out one or more of lender's functions or part thereof in customer acquisition, under...
- RBI has walked a tightrope with 5% cap on FLDGWhile fintechs rejoice the recognition of this arrangement, with a small cap the regulator has ensured no unwanted risk buildup in this spa...
- RBI's FAQ on guidelines for digital lending: Key detailsAccording to the RBI FAQ, "If the loan turns delinquent and the recovery agent has been assigned to the borrower, the particulars of such r...
- RBI's modified digital lending norms come into effect from December 1The RBI stated in a detailed set of guidelines for digital lending that the main concerns were unbridled engagement of third parties, mis-s...
- Borrowers must be allowed to exit digital loans sans penalty in initial look-up period: RBIThe working group on "Digital Lending includes Lending through Online Platforms and Mobile Apps" provided feedback, which was used to solid...
- Govt to extend existing foreign trade policy till March next year: Piyush GoyalCommerce and industry minister Piyush Goyal said that India’s merchandise exports during April-September 21 were over $185 billion at an ev...
- LogisticsNow launches benchmark platform for road freight ratesThe platform is built with a focus on full truckload freight for medium and long haul lanes.
- Open Credit Enablement Network will democratise credit, help small businesses: NilekaniThe Infosys chairman said from a fintech perspective, many of the pieces are now falling into place, and the COVID crisis has increased the...
- Freight carriers asked to cut cargo-handling costThe GST replaces seven indirect tax heads including countervailing duty, special additional duty of customs, excise duty, service tax, cent...
- Rupee depreciation creates challenges for Indian logistics sectorImpact of rupee depreciation will be borne particularly by LSPs, transporters & freight forwarders, and end-users, says Srinath Manda.
- Inadequate connectivity across modes limits auto logistics from adopting multimodal transportationAutomobile manufacturers need dedicated logistics service providers (LSPs) having specially designed transport vehicles (car carriers) and ...
- Silk board weaves new mulberry breedsThe Central Silk Board (CSB) is open to the idea of developing region- and season-specific breeds of mulberry as demand for seed cocoon out...
Load More
