{"id":961365,"date":"2025-09-13T08:06:54","date_gmt":"2025-09-13T02:36:54","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=961365"},"modified":"2025-09-13T09:05:24","modified_gmt":"2025-09-13T03:35:24","slug":"rbi-phone-lock-directive-how-can-lenders-lock-a-smartphone-remotely-in-case-of-loan-defaulting","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/13\/rbi-phone-lock-directive-how-can-lenders-lock-a-smartphone-remotely-in-case-of-loan-defaulting\/","title":{"rendered":"RBI phone lock directive: How can lenders lock a smartphone remotely in case of loan defaulting"},"content":{"rendered":"<p>Lenders in India may soon gain the power to remotely lock smartphones of loan defaulters, as the Reserve Bank of India (RBI) prepares to update its Fair Practices Code in response to rising consumer loan defaults. The controversial move, which has been discussed for months among regulators and financial institutions, has sparked heated debate about fairness, digital inclusion, and data privacy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lenders in India may soon gain the power to remotely lock smartphones of loan defaulters, as the Reserve Bank of India (RBI) prepares to update its Fair Practices Code in response to rising consumer loan defaults. The controversial move, which has been discussed for months among regulators and financial institutions, has sparked heated debate about fairness, digital inclusion, and data privacy.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,64,12],"tags":[],"class_list":["post-961365","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/961365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=961365"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/961365\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=961365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=961365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=961365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}