Alerts & Updates 2nd Jan 2025

Balancing Regulation and Accessibility: Addressing Unregulated Lending in India with a Comprehensive Approach

Authors

Mukesh ChandSenior Counsel | Mumbai

Latest Thought Leadership

international trades
Alerts & Updates 22nd May 2026

U.S. OFAC Enforcement – Adani Enterprise Limited

Read More
Newsletter/Booklets 22nd May 2026

Recent Developments in Direct & Indirect Tax

Read More
Alerts & Updates 22nd May 2026

Consent Manager under the DPDP Act: A New Institutional Layer for India’s Data Protection Regime

Read More
Investment Funds
Alerts & Updates 20th May 2026

Pledging of securities of Non-Discretionary Portfolio Management Services clients – Informal Guidance by SEBI

Read More

The proposed Banning of Unregulated Lending Activities Bill marks a significant step in addressing predatory practices and safeguarding borrowers in India. This article examines the intricate ecosystem of regulated and unregulated lending, highlighting the role of informal credit in rural and MSME financing and the associated risks of exploitation.

In light of the Bill’s stringent provisions, the update explores the need for a balanced approach. one that regulates unregulated lenders while ensuring credit availability for underserved segments. It underscores the importance of integrating informal credit channels into the formal system, leveraging India’s robust financial and credit guarantee infrastructure, and preparing the groundwork to minimize disruptions.

Please read the detailed update

Privacy Policy

As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.