RBI recommends on the business conduct and Customer protection concerns arising out of the spurt in digital lending activities; nodal agency to be set for the Digital apps ; comments by 31.12.2021
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RBI issues notification introducing Internal Ombudsman (“IO”) mechanism for select NBFCs, effective immediately
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RBI extends the facility of bank lending to NBFCs (other than MFIs) for on-lending till 31st March, 2022
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RBI cautions general public against frauds in the name of KYC updation; advises against sharing account login details, personal information, copies of KYC documents, card information, PIN, OTP, etc. with unidentified persons and agencies
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