LSP (Lending Service Provider) (ऋण सेवा प्रदाता (एलएसपी))
A Lending Service Provider is an agent of an RBI-regulated lender that handles customer-facing services — sourcing, comparison, onboarding, support — while the lender itself takes the credit decision, disburses and owns the loan. RBI's Digital Lending Directions make the regulated lender fully responsible for the conduct of its LSPs.
Worked example
KredBaba is an LSP: it helps you discover and apply for loan offers from RBI-registered NBFCs and banks, but it does not lend, hold your money, or decide approvals — the regulated lender named in your KFS does.