Digital lending in India has seen tremendous growth in recent years. Easy access to the internet and rising levels of aspirational consumerism have sparked this growth. The Reserve Bank of India (“RBI”) had constituted a working group on digital lending to explore regulation of the emerging sector in January 2021. The RBI later published its Guidelines on Digital Lending (“Guidelines”) in September 2022, based on the recommendations of the working group.
Please click here to read the full article by Probir Roy Chowdhury, published in ET Insights.
Probir specializes in Corporate Commercial, Venture/Private Equity and Information Technology/FinTech. He has been involved in corporate transactions focused on the high technology industry including cross border Mergers & Acquisitions.