
A Simple Guide to New Rules on Default Loss Guarantees for NBFCs & FinTechs
On May 27, 2025, the Reserve Bank of India (RBI) introduced a significant clarification that will reshape how Non-Banking Financial Companies (NBFCs) and FinTech companies collaborate in digital lending. In simple terms, the RBI has stated that NBFCs can no longer consider Default Loss Guarantees (DLGs) offered by FinTechs when
