
The Reserve Bank of India (RBI) is making regulatory changes affecting the financial sector. Peer-to-peer lending platforms are adjusting products to comply with new restrictions. RBI allows banks to consider ratings from Brickwork Ratings India. ECB delays a probe into leveraged loans due to bank concerns. RBI updates fraud circular following a Supreme Court ruling on borrower rights, emphasizing the need for lenders to consult defaulters before labeling accounts as fraud.

RBI revises fraud circular to account for Supreme Court's ruling on borrower rights @_ritusingh @RBI https://t.co/aVESZmzJsN
India cenbank says lenders must hear loan defaulters before declaring accounts 'fraud' https://t.co/o1AsH6uTTV https://t.co/n3oA92k9n6
Global News | ECB set to delay leveraged loan probe findings on bank backlash: Agencies @ecb https://t.co/cG4M15hIre