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RBI Guidelines on Digital Lending 2022 - Regulated Entity (RE) Accountability, Loan Service Provider (LSP) Rules, Data Privacy and Consumer Protection Requirements

This regulation establishes accountability for Regulated Entities (REs) in digital lending ecosystems, mandates oversight of Loan Service Providers…

What RBI Guidelines on Digital Lending 2022 - Regulated Entity (RE) Accountability, Loan Service Provider (LSP) Rules, Data Privacy and Consumer Protection Requirements requires

This regulation establishes accountability for Regulated Entities (REs) in digital lending ecosystems, mandates oversight of Loan Service Providers (LSPs), and enforces strict data privacy and consumer protection standards. Key obligations are derived from RBI press releases and circulars, including those dated April 08, 2022 and May 07, 2021.

Pillar: Banking & Global Finance · Authority: Reserve Bank of India · Version: 1.0.1 · Last updated:

Primary source: https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=54358

SHA-256 integrity: 68667360da17e56d5d093c0bca67d81aeef0d2a6d5b6d3a688393b8239358b03

Primary Citations — 5 traced to source

  • Press Release No. 2022-2023/41 dated April 08, 2022
  • Press Release No. 2021-2022/181 dated May 07, 2021

+ 3 more citations (full bibliography, deterministic workflow, actionable schema and crosswalks) included in the vault unlock — $0.01 via Skyfire / L402 / Direct Base USDC.

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