Digital lending apps

The Ministry of Electronics and Information Technology (MeitY) has started issuing orders to internet service providers (ISPs) and Play Store’s operator Google to revoke the blocking of some of the digital lending apps and websites,…

<!-- -->FM outlines steps to check operations of illegal loan appsNew Delhi: Finance Minister Nirmala Sitharaman has discussed various issues related to illegal loan apps in a meeting and decided to take a host of measures to check…

This week the Internet and Mobile Association of India (IAMAI) wrote to the central government, asking it to control internet shutdowns in the country and avert uncertainties that stem from state governments giving these orders.The industry…

RBI’s Digital Lending Regulatory Framework: The Reserve Bank of India (RBI) on Wednesday said a regulatory framework to support orderly growth of credit delivery through digital lending methods while mitigating the regulatory concerns has…

The Reserve Bank of India will soon come out with regulatory architecture for digital lending platforms, many of which are unauthorised and illegal, Governor Shaktikanta Das said on Thursday. There have been increasing cases of alleged…

The government today said as per the RBI findings, over 600 illegal lending apps are operating in the country and they are also available on app stores. On corrective action taken by the government…

New Delhi: A Reserve Bank of India (RBI) panel has found that more than 600 illegal loan apps are available on several app stores for Android users in India. Overall, there are more than 1100 unique loan apps that can be searched with…

Express News Service CHENNAI: Several digital lending applications that are unauthorised by financial regulators are available on Google Play Store. The apps which look legit offer short-term credits for a high…