In an effort to strengthen the regulatory framework surrounding digital lending, the Reserve Bank of India (RBI) has formed a Working Group focusing on digital loans, particularly those facilitated through online platforms and mobile applications. Following...
In a recent session of Parliament, Aam Aadmi Party (AAP) leader Raghav Chadha addressed the issue of minimum balance penalties imposed by various banks, which he claims have generated an enormous revenue of Rs 19,000 crore...