GrydFi
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Regulatory posture

What GrydFi is under the law, what it is not, and the frameworks it operates within. Written to be checked, not to reassure.

Draft — pending legal review. Not yet in force. effective date

01

What GrydFi is

GrydFi operates as a Lending Service Provider under the RBI Digital Lending Directions 2025, acting for the regulated entities on the network.

In that role it performs borrower-facing functions on their behalf: presenting matched offers, delivering the Key Fact Statement, running the cooling-off period, capturing and cascading consent, and receiving grievances.

02

What GrydFi is not

It does not lend. It makes no credit decision, sets no interest rate, and has no balance sheet exposure to any loan on the network.

It does not accept deposits, and it never enters the money path — funds move between the regulated institution and the borrower. GrydFi can be removed from the flow of money without a single disbursement failing, and that is a design constraint, not a description.

It is not a marketplace. Institutions cannot buy position, prominence or a recommendation, because none of those exist to sell.

03

Frameworks we operate under

RBI DL 2025Digital Lending Directions — LSP obligations, Key Fact Statement, cooling-off, disclosure of all matching regulated entities.
DPDPA 2023Digital Personal Data Protection Act — consent, purpose limitation, data principal rights.
RBI KYC Master DirectionIdentity verification standards, applied by the institution that onboards you.
Account AggregatorRBI-regulated consented sharing of financial information; GrydFi participates in the Sahamati ecosystem.
IT Act 2000Electronic records, signatures and reasonable security practices.
PMLA 2002 · CICA 2005Anti-money-laundering obligations and credit information handling.
TRAI DLTRegistered sender for commercial communication.
04

Data localisation

Personal data of Indian users is stored in India. Where a cross-border product requires data to move, it moves only under a consent granted for that purpose and only to jurisdictions permitted at the time.

05

Where we operate

India is live. Singapore, the UAE and the United Kingdom are on the roadmap and are not yet open — nothing on this site is an offer of credit in any country other than India.

Each market is entered under its own regulator and its own licence. We will say so here when that changes, and not before.

06

Audit and accountability

Consent grants, matches, disclosures and complaints are recorded in an append-only log available for regulatory inspection.

Statutory auditor: auditor. Most recent independent security assessment: assessment and date.

07

If our classification changes

Regulatory status is not permanent. If GrydFi's classification changes in any market it operates in, this page changes first, and the change is dated.