RBI to release norms for digital lending this month: Report

The Reserve Bank of India (RBI) will release guidelines for 'Buy Now, Pay Later' (BNPL) service and digital lending later this month, Financial Express reported. A circular could be out as early as next week, the report added. Last month, RBI Governor Shaktikanta Das said the regulator would introduce a framework to curb malpractices in the digital lending segment.