RBI

Overseas Citizen of India

Overseas Citizen of India

Overseas Citizen of India (OCI) is a scheme introduced by The Citizenship (Amendment) Act, 2005 which provides permanent residency available to people of Indian origin and their spouses to live and work in India for an indefinite period. As of 2020, there are 6 million OCI card holders among Indian Overseas individuals. Eligibility of OCI: […]

Overseas Citizen of India Read More »

Guidelines to protect interest of borrowers

Guidelines to protect interest of borrowers

Guidelines to protect interest of borrowers issued by RBI which include measures such as risk-based pricing, increased transparency in the lending process, and stricter customer identification and verification processes. They also include provisions for data protection and the handling of customer complaints. The goal of these guidelines is to ensure that digital lending practices are

Guidelines to protect interest of borrowers Read More »