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The regulatory framework for digital lending in India is issued by ________.

  1. RBI
  2. SLAAC
  3. DPIIT
  4. TDMA

Answer: RBI

RBI's Digital Lending Guidelines (2022) regulate: entity eligibility (banks/NBFCs only), direct fund flow, standardized disclosures, cooling-off period, and grievance redressal. Aims to protect consumers from predatory apps and data misuse. Critical for fintech compliance questions.

Topic Tech Policy & Regulation
Exam Relevance Banking, UPSC, SSC

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