RBI Digital Lending Guidelines 2025: Important news for loan takers! Central bank issued instructions

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RBI Digital Lending Directions 2025, RBI Digital Lending Guidelines 2025: RBI further said that it is worth noting that the list of DLAs is being made available on the website for the limited purpose of helping customers to verify the claim of a DLA’s relationship with a RE.

This list will be prepared on the basis of data submitted by the REs on RBI’s CIMS portal, with no further verification checks required by the Reserve Bank.

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Central Government of the countryBanki.e. Reserve Bank of India(RBI) has issued instructions for loan takers. The bank has issued instructions for new digital lending focused on consumer protection. The bank has given this information through a press release on its official website. In this, the bank has said that the Reserve Bank of India has issued various instructions and circulars from time to time on digital lending by Regulated Entities (REs). As part of efforts to consolidate and streamline various regulatory instructions, consolidated directions on the subject have been prepared and issued today as Reserve Bank of India (Digital Lending) Directions, 2025.

RBI Digital Lending Directions 2025: Instructions on the following two aspects are also included as part of these instructions for the first time

The central bank further stated that in addition, instructions on the following two aspects have also been included as part of these directions for the first time:
  • Directions on “Digital Lending – Transparency in Aggregation of Loan Products from Multiple Lenders”: A draft circular on the above-mentioned matter was issued for public feedback on April 26, 2024. Based on the comments received, final directions on the same are being issued as part of these Directions.
  • Instructions regarding operationalization of Public Directory of Digital Lending Apps (DLAs) announced in the Statement on Developmental and Regulatory Policies on August 08, 2024: As per the instructions, REs are required to submit details of their DLAs through RBI’s Centralized Information Management System (CIMS) portal. This portal will be available to REs for reporting on or before May 13, 2025 and REs will have time till June 15, 2025 to upload initial data. The list of DLAs will be available on or before July 1, 2025 at (Home-> Citizen’s Corner -> DLA’s deployed by Regulated Entities)/(Link to home->Citizen’s Corner -> DLA’s deployed by Regulated Entities).
RBI further said that it is worth noting that the list of DLAs is being made available on the website for the limited purpose of enabling customers to verify the claim of a DLA’s relationship with a RE. This list will be prepared on the basis of data submitted by the REs on RBI’s CIMS portal, without requiring any further verification checks by the Reserve Bank. The list will be updated automatically whenever the REs update the existing details (addition of new DLAs or deletion of existing DLAs).
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