RBI issues FAQs on Digital Lending Guidelines

LegalitySimplified

The Reserve Bank of India (RBI) has issued Frequently Asked Questions (FAQs) on Digital Lending Guidelines

The Guidelines on Digital Lending were issued on 2nd September, 2022 and the present notification lists out a total of 18 FAQs.

Amongst these, the FAQs shed light on the types of Lending Service Providers (LSPs) that need to appoint Grievance Redressal Officers, inclusion of insurance charges in the calculation of Annual Percentage Rate (APR) and the applicability of the Guidelines to all transactions meeting the definition of ‘Digital Lending’.

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill in the form


    Labour LawsEnvironment, Health and SafetyDirect Tax lawsIndirect tax laws (GST/ Customs / VAT)Corporate Laws (Company Law, SEBI & FEMA)Food Safety LawsFinancial Service sectorInsurance SectorHealthcare SectorOther ancillary laws

    Do you want GST Refund ?


      Get In Touch

        Get Bulk Subscription