This is to ensure that lending service providers (LSPs) provide a digital view of the loans they offer to customers in partnership with other entities. It is set to bring in the much-needed transparency in the system.
The banking regulator, in a draft circular on digital lending, said the identity of a potential lender may not be known to a borrower in cases where an LSP has arrangements with multiple lenders.
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NSE shares up after bonus, dividend
The National Stock Exchange (NSE), the country's top bourse, has seen its market value soar by nearly 85,000 crore to 3.21 trillion after declaration of a four-for-one bonus issue and dividend of â¹90 per share.
China is the story of moment in EM equities: Wood
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The case of 'missing' numbers in CSR data
Companies listed on the NSE spent a record â¹15,524 cr on CSR programmes in 2022-23
A NEW MAUL GAME
Batters are mauling bowlers this IPL like never before, as the impact player rule effectively gives every team 12 players. Where is it taking the game?
IIP growth slows to 4.9% in March
Drop comes on the back of slowdown in mining output SHIVA
Beyond hawks and doves
Then Sikh pilgrims from India W were visiting Kartarpur Sahib in Pakistan to celebrate Baisakhi recently, Maryam Nawaz Sharif-chief minister of Pakistan's Punjab provinceâ joined them for a meal in the langar hall of the gurudwara.
Between hard rock&an election
As Sikkim awaits the Assembly election results (voting was on April 19 and the votes will be counted on June 2, not June 4, along with the rest of the country, according to the Election Commission's latest decision), four significant events that took place in 2023 will shape the state's future trajectory.
Russia opens new war front near Kharkiv
Russian forces launched an armoured ground attack on Friday near Ukraine's second city of Kharkiv in the northeast of the country and made small inroads, opening a new front in a war that has long been waged in the east and south.
Netanyahu vows to widen assault; over 100K flee Rafah
Heavy fighting between Israeli troops and Palestinian militants on the outskirts of the southern Gaza city of Rafah has left crucial nearby aid crossings inaccessible and caused over 100,000 people to flee north, a United Nations official said Friday.
