Banking & Economy
RBI Releases New Digital Lending Guidelines
Published
04 Sep 2026
04 Sep 2026
Authority
RBI
RBI
Summary
The Reserve Bank of India issued comprehensive guidelines for digital lending platforms on September 1, 2026, focusing on borrower protection, data security and fair interest rate practices.
The RBI's framework mandates KYC verification, transparent APR disclosure, grievance redressal mechanisms, and caps on loan amounts for unsecured digital credit. Non‑bank fintech firms must obtain a digital lending license and undergo periodic audits. The guidelines aim to curb predatory lending and enhance financial inclusion.