In India, the primary responsibility of ensuring financial inclusion lies with the commercial banks subject to guidelines of the central bank (RBI). However... Arup Mukherjee,Sabyasachi Chakraborty - 《International Journal on Research & Development A Management Review》 ...
Dinesh Unnikrishnan
While the RBI keeps referring to this whitelist of digital lending apps to defend its efforts in curbing predatory loan apps, there is not much clarity on who has this list and what names it contains. MediaNama had filed multiple right-to-information (RTI) requests with the Reserve Bank of ...
Moratorium periodrefers to the period of time during which you do not have to pay an EMI on the loan taken. This period is also known as EMI holiday. Read –What is the Impact of RBI Rate Cut on EMI of Loan ? Which type of the loan will be considered and whether loan...
housingloanportfolioofbanks2.DIRECTHOUSINGFINANCE2.1DirectHousingFinancereferstothefinanceprovidedtoindividualsorgroupsofindividualsincludingco-operativesocieties.2.2BanksarefreetoevolvetheirownguidelineswiththeapprovaloftheirBoardsonaspectssuchassecurity,margin,ageofdwellingunits,repaymentschedule,etc.2.3OtherGuidelinesThe...
As several players have access to sensitive consumer data, there must be clear guidelines around, for example, the type of data that can be held, the length of time data can be held for, and restrictions on the use of data. Digital lenders should proactively develop and commit to a code...