🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Log In
News on Medial
RBI Slaps INR 4 Cr Penalties On LiquiLoans, LenDen
Inc42
·
10m
LiquiLoans and LenDen Club have both been fined by the Reserve Bank of India for failing to disclose personal details of borrowers to lenders and disbursing loans without approval. LiquiLoans was fined INR 1.92 Cr, while LenDen Club faced a penalty of INR 1.99 Cr. These fines come after the RBI's recent crackdown on violations and emphasis on compliance for NBFC-P2P lending platforms.
7
4
View Source
Comments
See More Comments
More Like this
P2P lending slows as RBI move clouds future of key players
LiquiLoans revenue surges 3.4X to Rs 696 Cr in FY24, remains profitable
Ashneer Grover writes to RBI seeking probe into BharatPe’s shareholding, licence applications
RBI Slaps INR 87.5 Lakh Fine On Ola Financial For Flouting Norms
RBI Slaps INR 5.39 Crore Penalty on Paytm Payments Bank for KYC Non-Compliance and Cybersecurity Violations
Paytm Shares Continue To Bleed, Tanks Over 4% On Friday
RBI issues monetary fines to Hewlett Packard, and THESE 2 companies for KYC non-compliance | Mint
MCA Slaps Fine On Nithin Kamath, Zerodha AMC
P2P startups look to overhaul biz, processes amidst RBI crackdown
MCA slaps fines on LinkedIn India, Satya Nadella, 8 others for companies law violations
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
May 2025
BugBytes
GenAlpha masters STEM with Cinderella & Ganesha.
PixelPeak
Bringing hope to life, one thought at a time.
PenseeWeb Studios
When Study Apps Failed, We Built Our Own System
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in