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Regulatory directions ensuring transparency, borrower protection, KYC compliance, data security, and proper reporting in India's digital lending ecosystem.
Regulated Entities (REs), Lending Service Providers (LSPs), and digital lending platforms operating in India.
By mandating Key Fact Statements, explicit digital consent, grievance redressal mechanisms, and transparent loan comparisons.
Aadhaar e-KYC, PAN verification, periodic re-verification, and secure digital verification platforms.
By integrating automated compliance tools, secure data storage, internal audits, and staff training on regulatory obligations.