Delhi High Court seeks response from Centre, RBI in PIL to regulate online lending platforms

The petitioner has claimed that digital lending companies are exploiting borrowers by charging very high interest on loan i.e. even 365 percent a year and harassing them in case of default.
Delhi High Court
Delhi High Court

The Delhi High Court today issued notice in a public interest litigation seeking regulation of online lending platforms (Dharanidhar Karimojji vs UOI).

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