NEWS & INSIGHTS

INTRODUCTION India's digital lending landscape has experienced rapid growth, offering convenient access to credit for millions. However, this expansion has also led to concerns over predatory lending practices, data privacy issues, and unregulated entities exploiting borrowers. In response, the Indian government has introduced the Banning of Unregulated Lending Activities (BULA) Bill, 2024 , aiming to curb illegal lending activities and protect consumers. KEY PROVISIONS OF TH