RazorpayX launches digital lending solutions for NBFCs and fintechs

RazorpayX launches digital lending solutions for NBFCs and fintechs : RazorpayX, the business banking platform of Razorpay, has launched RazorpayX Digital Lending 2.0, a complete digital lending solution for NBFCs and FinTechs to adhere to the new digital lending guidelines issued by RBI recently. The solution will help in automating direct disbursals & repayments between the borrower’s and the Regulated Entity’s account and make it easier for NBFCs and Fintechs to work together more efficiently than ever before.

November 2022 Current Affairs Quiz

Aim: To support the new digital lending guidelines issued by RBI.

It will help in automating direct disbursals & repayments between the borrower’s and the Regulated Entity’s account, which was mandated by the RBI recently. It also make easier for NBFCs and Fintechs to work together more efficiently than ever before.