Tag: Digital India Trust Agency
June 5, 2024
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
Enhancing Digital Lending Security: The Role of the Dig...
The Reserve Bank of India ("RBI") has reportedly been planning to initiate the establishment of a Digital India Trust Agency ("Agency"), in order to curb financial frauds and cybercrimes which have been uprising in the digital lending space. This Agency is intended to be involved in creating a systematic procedure of verifying legitimate digital lending application and resolving the concerns surrounding unauthorised digital lending apps. ......