RBI sets rules for loan e-aggregators - Qoneqt
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    Rajesh AK in India

    27 Apr 08:00 AM


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    RBI sets rules for loan e-aggregators

    The Reserve Bank of India has updated its guidelines for web aggregators of loans to ensure that consumers get a fair and transparent deal. The RBI has also clarified guidelines on loss default guarantees that can be provided by fintechs to lenders on personal loans they distribute.