The brand new world of digital lending



Lastly, the Reserve Financial institution of India (RBI) has legitimised digital lending. It has coined a brand new time period to explain the gamers on this area — lending service supplier (LSP). They won’t lend from their very own steadiness sheets however play the function of outsourcing brokers for banks and non-banking monetary corporations (NBFCs).



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First Revealed: Solar, September 11 2022. 17:29 IST

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