Current Affairs - Finance - Discussion
Discussion Forum : Finance - Latest Current Affairs (Q.No. 225)
225.
Under the recent directive from the Reserve Bank of India, Bajaj Finance is instructed to halt loans for which two lending products?
Answer: Option
Explanation:
The Reserve Bank of India (RBI) directed Bajaj Finance to immediately cease the sanction and disbursal of loans under the lending products 'eCOM' and 'Insta EMI Card.' This action was taken due to the company’s non-adherence to the existing provisions outlined in the Digital Lending Guidelines of the Reserve Bank of India.
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