The Reserve Bank of India (RBI) is considering new rules for digital lending, aiming to enhance transparency. The proposed guidelines would require lending service providers (LSPs) to digitally share all available loan offers from willing lenders with borrowers. This move aims to empower borrowers by providing a clear view of their loan options, including details like lender names, loan amounts, interest rates, and key terms. The RBI also emphasizes the need for unbiased content, prohibiting LSPs from favoring any particular lender.
Fund Manager Talk | Weak earnings, external headwinds may prevent Sensex from giving double-digit returns in 2025: Rahul Singh
While predicting the first two is difficult, India’s economic fundamentals should improve as fiscal spending ramps up and liquidity eases, thereby supporting credit growth and
December 26, 2024