Question

Which type of loans come under RBI’s digital lending

Q: Answer-Which type of loans come under RBI’s digital lending norms introduced in 2022 and revised in 2024?

Explanation RBIs digital lending norms cover all loans where customer onboarding, approval, and disbursal occur digitally, including those by banks, NBFCs, and fintechs. It emphasizes transparency, data protection, and grievance redressal.

norms introduced in 2022 and revised in 2024?

A Only loans above ₹50,000

B All loans sanctioned and disbursed digitally

C Loans with biometric verification only

D Only MSME loans

E Loans by NBFCs only

Practice Next

More Previous Year Paper Questions

Which of the following dance is performed by Jasnath sect followers?
The device used for producing electric current is called
Freedom fighter Sagarmal Gopa was native of-
Which of the following is/are correct with reference to Moovalur Ramamirtham Ammaiyar (Ninaivu) Memorial Marriage Assistance Scheme?

I. The Sc...
The first English newspaper in India ‘Bengal Gazette’ was started by _______.
Which Prime Minister of India never presented the Union Budget?
What is the literacy rate of Lakshadweep as per the 2011 Census?
The following statements relate to the election of Indian President. Find out the wrong statement.
What is the nitrogenous waste excreted by shark?
Select the misspelled word.

Which type of loans come under RBI’s digital lending

Solution