India: User rights in Reserve Bank of India Reserve Bank of India (Digital Lending) Directions 2025 (RBI/2025-26/36)
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Timeline of events
Reserve Bank of India (Digital Lending) Directions, 2025 (RBI/2025-26/36) including multi-lender platform obligations enters into effect
On 1 November 2025, paragraph 6 of the Reserve Bank of India (Digital Lending) Directions, 2025 entered into force, setting out requirements for digital lending arrangements where Lending Service Providers (LSPs) partner with multiple Regulated Enti…
SourceReserve Bank of India (Digital Lending) Directions 2025 (RBI/2025-26/36) on reporting Digital Lending Apps to the Centralised Information Management System enters into force
On 15 June 2025, paragraph 17 of the Reserve Bank of India (Digital Lending) Directions, 2025 entered into force, introducing binding reporting obligations for Digital Lending Apps used by regulated financial entities. The provision requires Commerc…
SourceReserve Bank of India (Digital Lending) Directions 2025 (RBI/2025-26/36) were partially implemented
On 8 May 2025, the Reserve Bank of India (RBI) adopted the Reserve Bank of India (Digital Lending) Directions, 2025, establishing enforceable borrower rights in digital lending transactions. The Directions take immediate effect, except for paragraph…
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