Digital Financial Services — Legal Precedents

Legal Precedents

Justice K.S. Puttaswamy (Retd.) vs. Union of India

2017

This landmark judgment established privacy as a fundamental right under Article 21, directly impacting digital financial services by requiring explicit consent for data processing…

Reserve Bank of India vs. Peerless General Finance and Investment Co. Ltd.

1987

This case established the RBI's regulatory authority over non-banking financial companies, providing the legal foundation for regulating fintech companies and digital lending…