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RBI sees 'dark patterns' in mis-selling of digital loans
Credit: IndiaTimes- Published on November 24, 2023
RBI deputy governor M Rajeshwar Rao has cautioned about 'dark patterns' in mis-selling of digital loans where customers are deceived into availing high-cost loans. The deputy governor has also said that RBI will relook at risk management framework for lenders on liquidity and market risk. According to Rao, mis-selling has taken...