Instant loan

Recently, the Directorate of Enforcement attached proceeds of crime worth Rs 859.15 crore generated by accused persons/entities through illegal loan apps.The borrowers should be aware that many of many unregulated instant loan apps do not…

Last year the Reserve Bank of India issued guidelines on digital lending to protect customers from a range of issues including exorbitant interest rates by certain entities, data protection and grievance redressal. It also aimed to check…

The warning has been issued by Cyber Dost, a Twitter handle managed by the Union ministry of home affairs. It has asked the borrowers to verify the authenticity of lending company from Reserve Bank of India’s website. The central…

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