Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 487)

2022-09-06 Banking

487.

Which bank issues new guidelines on digital lending to protect borrowers?

SBI

RBI

ADB

PNB

Answer: Option

Explanation:

The Reserve Bank of India announced the guidelines on digital lending. The central bank has given regulated entities (RE) till November 30th to put in place adequate systems and processes to ensure that 'existing digital loans' comply with fresh lending guidelines.