RBI rules may force fintech firms to leverage NBFC operations - Economic Times

This is a shift for the digital lending industry, which has largely focused on growing the lending-distribution platform to show scale and rely on loss guarantee cover practices such as First Loss Default Guarantee (FLDG) to participate in lending activity th…

The Reserve Bank of India's (RBI's) latest digital lending guidelines has stepped up pressure on new age lending businesses, forcing them to focus on their non-banking financial company (NBFC) units … [+5058 chars]

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