RBI Issues Consolidated Guidelines On Digital Lending
RBI move is aimed at streamlining and consolidating the regulatory framework for digital lending activities undertaken by Regulated Entities
RBI
The Reserve Bank of India (RBI) on Thursday issued a comprehensive set of guidelines titled RBI (Digital Lending) Directions, 2025, aimed at streamlining and consolidating the regulatory framework for digital lending activities undertaken by Regulated Entities (REs).
Over the years, the central bank has issued multiple circulars and directions related to digital lending. The new directions bring these various instructions under a single framework to ensure greater clarity, uniformity, and regulatory oversight in the rapidly evolving digital lending space.
The move is part of the RBI's broader effort to enhance transparency, protect consumer interests, and mitigate risks associated with online credit delivery channels.
In a move to streamline and consolidate existing regulatory instructions on digital lending, the Reserve Bank of India (RBI) on Thursday issued the RBI (Digital Lending) Directions, 2025. The guidelines apply to all regulated entities (REs), including banks and non-banking financial companies engaged in digital lending.
As part of the new framework, REs will now be required to report details of their Digital Lending Apps (DLAs) through the Centralised Information Management System (CIMS) portal of the RBI. According to the circular, the portal will be operational for reporting from May 13, 2025, and entities will have until June 15, 2025, to upload their initial data.
The directions also include measures aimed at increasing transparency in digital lending practices, particularly in how loan products are aggregated and presented to potential borrowers.
The comprehensive guidelines are expected to enhance regulatory oversight, reduce consumer risk, and ensure more responsible lending behavior across India's rapidly growing digital credit ecosystem.
First Published:
May 08, 2025, 22:11 IST
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