India: Consumer Credit

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Consumer protection law thought leadership, articles, podcasts, videos and webinars from expert sources across the legal world. Explore insights covering topics that involve consumer protection regulations and the developing law surrounding them from specialists working in this area.
Article
Beyond Loan Defaults: RBI’s 2026 Reforms On Loan Recovery Practices And NBFC Accountability
Loan recovery is an essential part of lending operations, but the methods adopted by financial institutions to recover outstanding dues have often raised concerns regarding borrower privacy, harassment and the misuse of recovery mechanisms. The Reserve Bank of India (RBI), through the Reserve Bank of India (Non-Banking Financial Companies – Responsible Business Conduct) Third Amendment Directions, 2026, dated 6 August 2026, has introduced a comprehensive framework governing the recovery of loan dues by non-banking financial companies (NBFCs).
India Finance
IL
IndiaLaw LLP
Article
Update – Framework For Trade Receivables Discounting System (“TReDS”) Platforms
The Reserve Bank of India has issued comprehensive Master Directions for Trade Receivables Discounting System (TReDS) platforms, introducing significant changes to capital requirements, operational obligations, and participant eligibility. These new regulations mandate a minimum net worth of INR 25 crore for platform operators, formalize the role of credit guarantee funds, and establish that all factoring units must be strictly "without recourse" to MSME sellers, fundamentally reshaping the framework for tr
India Finance
DL
DSK Legal