Dvara Research Deepti George on Digital Lending

The video discusses the current state of fintech regulations in India, focusing on the Reserve Bank of India's (RBI) approach to innovation and regulation in the fintech space. It highlights the RBI's recent guidelines aimed at curbing unscrupulous practices in digital lending and the potential impact on major players in the sector. The discussion also touches on concerns about household debt levels post-COVID, particularly in the digital lending space, and the need for better creditworthiness assessments. Finally, the video explores the RBI's mandate for banks to adopt digital banking and the potential creation of a body to certify digital apps, aiming to foster innovation and protect consumers from financial loss.

What are the concerns regarding the RBI's approach to fintech activities?

In what ways does the RBI plan to address customer protection issues in the fintech sector?

What issues have been identified with the current practices in the unregulated digital lending space?

How has the digital lending space changed post-COVID according to the discussion?

What measures are being considered by the RBI to foster innovation in the banking sector?