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The RBI is evaluating a platform that would allow lenders to remotely lock mobile phones bought via credit in the event of borrower defaults
Governor Sanjay Malhotra said the RBI is focussed on balancing consumer data privacy and upholding borrower rights, while also addressing the needs of creditors seeking to recover loans
Over one-third of consumer electronics in India, including phones, are bought on small-ticket loans
The Reserve Bank of India (RBI) is evaluating a…
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The RBI is evaluating a platform that would allow lenders to remotely lock mobile phones bought via credit in the event of borrower defaults
Governor Sanjay Malhotra said the RBI is focussed on balancing consumer data privacy and upholding borrower rights, while also addressing the needs of creditors seeking to recover loans
Over one-third of consumer electronics in India, including phones, are bought on small-ticket loans
The Reserve Bank of India (RBI) is evaluating a…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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