RBI issues new guidelines for fair lending practices

Aug 18, 2023

The RBI's move comes as part of its ongoing efforts to ensure that borrowers are treated fairly and to address customer grievances arising from...

China needs to improve its lending practices: World Bank President

Apr 14, 2022

Warsaw [Poland], April 14 : China needs to improve its lending practices in the developing world, especially in terms of transparency in the loans...

RBI cancels registration of five NBFCs due to irregular lending practices

May 25, 2022

Mumbai (Maharashtra) [India], May 25 : The Reserve Bank of India (RBI) on Wednesday said it has cancelled the Certificate of Registration (CoR) of...

RBI announces to create repository to check unauthorised lending Apps

Aug 08, 2024

The Reserve Bank of India (RBI) has announced measures to check unauthorized lending Apps and to prevent consumers from such illegal practices.

RBI cancels registration certificate of Acemoney (India) Ltd due to irregular lending practices

Apr 29, 2024

The decision to revoke the CoR was made in light of the company's violations of RBI guidelines on risk management and code of conduct...

RBI may act against more NBFCs to check obscure lending practices: Morgan Stanley

Oct 18, 2024

Reserve Bank of India's (RBI) Thursday action against four NBFCs and asking them to cease and desist from making new loan sanctions and disbursements,...