The digital lending sector, represented by FACE, saw a significant increase in disbursements and loan numbers in FY23-24, with member entit...

Fintech companies say that such an extension will allow more skin in the game and give banks the confidence to enter into more such tie ups.

RBI needs to be ahead of the technological curve in regulation. Technology is evolving fast and might disturb the old order. That is not a ...

The Reserve Bank of India's new guidelines on first loss default guarantees (FLDG) for digital lending will provide regulatory sanctity, al...

Regulatory action created uncertainty for the sector, leading to some companies scaling down operations, and a volume contraction in Q3. Ho...

While fintechs rejoice the recognition of this arrangement, with a small cap the regulator has ensured no unwanted risk buildup in this spa...

The regulator has capped the FLDG at 5%, and lenders need to have proper board-approved policies.

Brokerage firm CLSA has maintained a buy rating and target price of Rs 850 on Paytm. Motilal Oswal has recommended a buy call on Avenue Sup...

All entities regulated by the central bank will have to ensure invocation of default guarantees within 120 days of a loan falling overdue, ...

In guidelines issued in 2022, the RBI had indicated it was not in favour of such arrangements since they could encourage lenders to take on...

The Reserve Bank of India (RBI) is all set to allow fintechs to take first loss default guarantee on loans, a move that will see lending by...

Following the release of the Reserve Bank of India’s (RBI’s) new digital lending rules, fintechs in India have been in continuous consultat...

While most want FLDG structures between regulated cos, some eye securitisation structure for unregulated.

At a meeting with fintech firms, RBI governor Shaktikanta Das reiterated that the central bank would continue to adopt a 'participative and...

This is a shift for the digital lending industry, which has largely focused on growing the lending-distribution platform to show scale and ...

The RBI has, in the digital lending rules, addressed malpractices by illegal Chinese apps, putting a lid on measures such as data scraping ...

Experts say such guarantees or covers might go against the intentions of the central bank.