.JPG.png)
“Gujarat International Finance Tec-City (GIFT City) is emerging as a crucial global finance hub, attracting various financial and technology firms with its unique blend of regulatory advantages, tax...
Published On: 23/06/2023
Authors:
Nearly a decade after the digital lending space first saw default loss guarantee arrangements, they seem to have received regulatory blessing from the Reserve Bank of India, with the issuance of the Default Loss Guarantee Guidelines, on June 8, 2023 which explicitly permit and regulate such arrangements in the digital lending space. With specific regulation, the RBI has taken a welcome step towards building trust in the digital lending ecosystem by ensuring that such offerings are subject to certain regulations and caps
