Ashneer Grover calls RBI’s digital lending guidelines “worst”

  • Taking to Twitter, the former BharatPe founder said, “If UPI is the best tech/regulatory innovation in the world, the RBI’s digital lending guidelines have to be the worst.”
  • Ashneer Grover had earlier called RBI’s decision to allow credit cards to be linked with the Unified Payments Interface (UPI), “a great move”, but he had his reservations regarding merchant discount rate (MDR).

[Via]