RBI Ain’t Buying BNPL
The Morning Brief
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Digital Lending - The R B I and the Central Bank's Draft Rules
The uk. Central bank, for instance, is tightening rules and checks on b an p l firms in november 20 21. Globally, too, central banks are turning their beady eyes and the heat on digital lending firms. The bottom line, as far as the r b i was concerned, was this, banks could issue credit cards and give credit lines. Any one else would have to come to the central bank for permission. And license.
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