Read more about Fraud in fintech being fought with regulatory tech on Business Standard. It has been estimated that more than 1,200 lending apps are active in India. While some have been shut down or removed from Google or Apple platforms, others can pop up with frightening speed
Blue Sage Solutions Gets Capital Infusion From Goldman Sachs Growth Equity mortgageorb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgageorb.com Daily Mail and Mail on Sunday newspapers.
Read more about RBI working committee in favour of setting up NPCI-type agency for fintechs on Business Standard. RBI panel favours new structure for better supervision
Morning Brief (ET Bureau)
Indulekha Aravind | 17:29 Min | January 19, 2021, 8:00 AM IST
The growing number of unregulated loan apps, many with Chinese links, and the harassment of borrowers has caught the regulator s eye. Srikanth L of advocacy group Cashless Consumer and ET’s Shailesh Menon and Venkat Ananth discuss the modus operandi of these apps, how they proliferated with ease and the red flags to watch out for.
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