Safir Anand and Arpita Mukherjee’s Viewpoint on Bar and Bench
Safir Anand and Arpita Mukherjee discuss the position of FinTechs / digital Lending Service Providers within RBI’s new Monetary Policy Committee (MPC) which brought back to life the popular bank-fintech partnership model. In this opinion piece carried by @BarandBench they dissect what went wrong with the First Loss Default Guarantee arrangement and the ‘dos and don’ts’ now in place for all three parties involved in a financial transaction – the fintech (LSP), the bank (RE) and the actual borrower.