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Easily accessible but predatory lending apps charging usurious rates of interest need immediate attention. A public whitelist constantly updated to keep track of every digital lending app out there and notifying RBI as a nodal regulatory agency are key first steps that can help India get cracking on a scourge that threatens to damage a sector with immense growth potential

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,Non Banking Financial Companies Nbfcs ,Experian ,Non Banking Financial Companies ,Digital Lending ,Digital Payment ,Banks ,Economy ,

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