Andhra couple dies by suicide due to loan pressure, CM directs to take strict action against money-lending apps

Sep 08, 2022

Rajahmundry (Andhra Pradesh) [India], September 9 : Andhra Pradesh Chief Minister YS Jagan Mohan Reddy has directed officials to take stringent action against online...

ED conducts fresh raids against firms owned by Chinese nationals in mobile apps loan case

Jan 02, 2024

According to the agency, the companies and the individuals are involved in lending money through mobile phone apps and later harassing borrowers by accessing...

Centre to ban 138 betting apps, 94 loan lending apps with Chinese links

Feb 05, 2023

Ministry of Electronics and Information Technology (MeitY) is learnt to have taken the decision based on the recommendations of the Ministry of Home Affairs...

RBI cautions against unauthorised digital lending platforms, mobile apps

Dec 23, 2020

Mumbai (Maharashtra) [India], Dec 23 : The Reserve Bank of India (RBI) on Wednesday cautioned individuals and small businesses against falling prey to growing...

RBI announces to create repository to check unauthorised lending Apps

Aug 08, 2024

The Reserve Bank of India (RBI) has announced measures to check unauthorized lending Apps and to prevent consumers from such illegal practices.

Viva Money All Set to Be Launched in Maharashtra, After Gujarat and Karnataka

Jun 14, 2024

Bengaluru (Karnataka) [India], June 14: The pioneering online lending platform Viva Money has significantly expanded its operations to a third state in India, Maharashtra....