Personal Loan Rules 2025: Borrowers With Credit Score Below 650 Face Stricter Eligibility
The Reserve Bank of India (RBI) has enforced new personal loan regulations in 2025 that target transparency enhancement, borrower safety, and responsible lending practices. The rules that apply to banks, non-banking financial companies (NBFCs), and digital lenders, are expected to stop taking on more debt than is necessary while also providing clearer terms of the … Read more