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Maroc Maroc - Times of India - Top Stories - 03/Sep 01:53

Use digital for efficiency, not undue risks: RBI

The RBI fosters digital technologies for inclusion and improved customer experience. However, it intervenes when digital lending creates risks or complex structures. Deputy Governor Swaminathan J highlighted issues with peer-to-peer lending practices at a recent banking summit in Mumbai, urging the industry to view regulations as partnerships for a stable financial ecosystem.

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