4 months ago
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The Delhi High Court connected Wednesday (January 7, 2026) asked the effect of Reserve Bank of India to reply to a petition alleging usurpation of a borrower’s close to privateness and information extortion by Non-Banking Financial Companies (NBFCs) done integer lending applications.
A Bench of Chief Justice D. K. Upadhyaya and Justice Tejas Karia issued announcement to the Centre and RBI, observing that the PIL by Ms. Himakshi Bhargav “raised a superior concern”.
“We are acrophobic with what enactment you are taking,” the tribunal said.
“We necessitate the RBI to record a antagonistic affidavit successful respect of the averments successful the petition and besides enactment taken for the enforcement of the 2025 (digital lending) guidelines. The antagonistic affidavit filed by RBI shall sermon enactment taken by acrophobic authorities successful lawsuit of usurpation of these directions,” the tribunal ordered.
The petition, filed done advocates Kunal Madan and Manway Sarawagi, alleged that successful spite of the issuance of Reserve Bank of India Digital Lending Guidelines of 2025, definite integer lending applications continued to entree prohibited mobile telephone resources specified arsenic interaction lists and telephone logs, collected excessive idiosyncratic and device-level data, and deployed coercive consent mechanisms.
“Borrowers are compelled to judge wide and non-negotiable privateness policies arsenic a information for availing services, rendering consent involuntary and contrary to Sections 12 of the Guidelines... The information postulation practices are disproportionate and carnivore nary tenable nexus to morganatic purposes specified arsenic KYC oregon recognition assessment,” the plea argued.
The petitioner claimed that successful November 2025, she submitted a elaborate ailment to the RBI identifying circumstantial violations, but nary enactment was taken.
