Anu
India is not untouched with the technological development and modernization across the world and shifted towards cashless economy. Digitalization has also significantly affected financial sector and digital lending is one of the outcomes of this modernization. Several digital lending companies have been emerged in India and contributing in financial inclusion at a larger scale. However, traditional banking methodology is working as a base guideline for online financing. Fintech innovation and Unified Payment Interface is recording its own miles in terms of impressive growth. This paper has discussed the concept of digital lending and various regulatory guidelines that have been taken in India by RBI for safeguarding interest of borrower as well as lender.