Ashneer Grover Update: Know why now Ashneer Grover vents his anger on RBI?


Ashneer Grover: Ashneer Grover (Ashneer Grover) Once again in the discussion about his tweet. Ashneer Grover has strongly criticized the Reserve Bank of India regarding Digital Lending Guidelines and has termed the RBI guidelines as the world’s most useless guidelines. He said that due to these guidelines, Fintech firms will refrain from doing digital lending.

Ashneer Grover, former co-founder of Bharatpay and judge of Shark Tank India, tweeted that if UPI is the world’s best tech and regulatory innovation, then RBI’s digital Lending guidelines are the worst. He wrote that RBI was telling fintech ‘ brother don’t do digital lending shanding! It does not happen from the bank, we do not understand, and the sale of pen paper will also decrease.

However, many people have disagreed with this idea of ​​Ashneer Grover. He reminded Ashneer of being harassed by different fintech companies. One user wrote that right boss. 52% interest is being charged in the name of digital lending and it is being given the name of innovation of fintech companies? This is not innovation. It should be stopped.

Earlier, when RBI had announced to link the credit card with UPI, he had termed the decision of RBI as a big step. But he had expressed his apprehension about the merchant discount rate.

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