Regulating the lenders: RBI’s focus on fair and transparent lending

Rajul Sood, Head of Banking, in an exclusive article for ET Edge Insights on the pivotal role of digitization which has emerged as a crucial driver of innovation, enabling lenders to streamline operations, reduce costs, and enhance customer experiences.

She also highlights the rapid growth of the digital lending industry, which is projected to surpass $720 billion by 2030, representing nearly 55% of the total $1.3 trillion+ digital lending market opportunity in the country.