mPokket appoints Vikram Singh as Head of Product
adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
mPokket appoints Sukhpreet Singh as new Head of Human Resources
adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
Small
Large
Taking advantage of the lockdown that resulted in many becoming jobless, rogue firms lent money at sky-high rates
When the lockdown dried up 24-year-old Hemanth’s income, he started borrowing on “instant loan” apps. He had no idea it would wreck his family and social standing. His wife left him, and her parents will not let her return until he wriggles out of the financial hole he has fallen into.
Hemanth has not given up, but there are others across the country who have been unable to face the humiliation and harassment from representatives of the lending apps, many of which have come under the spotlight for predatory behaviour. Telangana, in particular, has been hit hard, with at least six such suicides.
Photos
Beware of Chinese lending apps: Rs 21,000 crores siphoned off to China with just one wrong click
During COVID-19. many users are facing a cash crunch. Taking advantage of people s compulsion to make fast money, Chinese apps have siphoned off money
DNA Web Team
Jan 14, 2021, 06:03 PM IST
Three people including a Chinese national were arrested in connection with instant loan apps fraud case in Telangana, informed Rachakonda Commissioner of Police, Mahesh Bhagwat on January 13.
One Chinese national, an Indian citizen, and one other were arrested, in connection with online instant loan apps fraud case.
During COVID-19. many users are facing a cash crunch. Taking advantage of people s compulsion to make fast money, Chinese apps have siphoned off money to the tune of Rs 21 thousand crores.