RBI orders Bajaj Finance to stop disbursing loans via 'eCOM' and 'Insta EMI Card' products

Nov 15, 2023

In a statement, the RBI said the company did not adhere to the digital lending guidelines under these two lending products.

Delhi HC issues notice on PIL alleging privacy violations by digital lending apps

Jan 07, 2026

The Delhi High Court on Wednesday issued notice on a Public Interest Litigation (PIL) seeking coercive action against Regulated Entities (REs), Non-Banking Financial Companies...

Government, RBI strengthen measures against fraudulent loan apps

Mar 18, 2026

All the Regulated Entities (REs) are required to comply with the said guidelines on digital lending. Compliance with these guidelines is examined on a...

RBI cancels registration certificate of Acemoney (India) Ltd due to irregular lending practices

Apr 29, 2024

The decision to revoke the CoR was made in light of the company's violations of RBI guidelines on risk management and code of conduct...

Nowofloan transforming lending business with loan approval in 30 minutes

Sep 16, 2021

Surat (Gujarat) [India], September 16 (ANI/PNN): Surat-based digital lending platform Nowofloan.com is revolutionising the lending business.

RBI issues new guidelines for fair lending practices

Aug 18, 2023

The RBI's move comes as part of its ongoing efforts to ensure that borrowers are treated fairly and to address customer grievances arising from...