RBI Digital Lending Directions, 2025

Direction 2025

Effective: 8 May 2025

Plain-English summary

Brings together the RBI guidelines for digital lending (2022) into one Master Direction for outsourcing to LSPs, first loss default guarantee structure and disclosure requirements.

Who it applies to

Banking · NBFC / Non-bank Lending · Payments & Fintech

Topics

Conduct & Consumer Protection Payments & Fintech / Digital Assets

Official source

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