India: Reserve Bank of India (Digital Lending) Directions, 2025 (RBI/2025-26/36) including multi-lender platform obligations enters into effect
Description
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…
Scope
Policy Area
Consumer protection
Policy Instrument
User/subject right
Regulated Economic Activity
other service provider
Implementation Level
national
Government Branch
executive
Government Body
central bank
Complete timeline of this policy change
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2025-05-08
in grace period
2025-06-15
in force