RBI proposes new law to regulate digital lending

https://ift.tt/3DzcCWp The panel said that the digital lending ecosystem comprises both balance sheet lenders (those who lend their own money) and marketplace lending (a platform that allows others to lend). Within these two forms of lending, there are peer-to-peer lending platforms, neo banks, and “buy now pay later” players.

https://ift.tt/eA8V8J from Times of India https://ift.tt/3DzcCWp