Justice D Y Chandrachud, the second senior-most judge in the Supreme Court, has been nominated as executive chairman of the National Legal Services Authority.
The Reserve Bank of India announced the guidelines on digital lending. The central bank has given regulated entities (RE) till November 30th to put in place adequate systems and processes to ensure that 'existing digital loans' comply with fresh lending guidelines.
The Reserve Bank of India is working on a new "fraud registry" - a reporting mechanism under which data shared by banks with RBI on fraudsters will enable the regulator to blacklist such callers.
EXAMIANS