Lending Guidelines

For artisans, Mitra said, out of 48,153 applications, 29,656 were rejected in the same six-month period, a rejection rate of 62 percent

Digital lending involves giving and recovering loans through web platforms or mobile apps. Here are the new regulations and why they have been introduced

RBI data shows a sharp fall in growth of outstanding loan for sectors like tea, textiles, glass and gems & jewellery

Criminalising the lender and the defaulter shifts the focus away from the inefficiencies in the corporate lending process

He said consultations have already taken place with the banking industry on this issue