RBI Ain’t Buying BNPL

The Reserve Bank of India is going after digital lending or Buy Now Pay Later firms with a new set of stern rules. One rule announced last week, bars them from issuing credit cards. The move affects 10 million users. Will the new rules put some BNPL companies out of business? Host Anirban Chowdhary digs deeper with Srinath Sridharan, Independent Director, Fintech Association for Consumer Empowerment, Saloni Shukla and Tarush Bhalla from The Economic Times.See omnystudio.com/listener for privacy information.