MUMBAI, India, May 8 -- Reserve Bank of India issued the following press release:
Reserve Bank of India has from time to time issued various directions and circulars on digital lending by Regulated Entities (REs). As part of the efforts to consolidate various regulatory instructions and streamline them, consolidated directions on the subject have been prepared and issued as the Reserve Bank of India (Digital Lending) Directions, 2025 today.
2. Further, instructions on the following two aspects have also been included as part of these Directions for the first time:
*
Instructions on "Digital Lending - Transparency in Aggregation of Loan Products from Multiple Lenders": A draft circular on the aforesaid matter was issued on April 26, 202...