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Reserve Bank of India tightens noose on fraudulent Chinese lending apps

Chinese digital loan apps were utilising the loophole in the regulatory guidelines to dupe Indian clients. ....

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Welcome To IANS Live - BUSINESS - Reserve Bank of India tightens noose on fraudulent Chinese lending apps

Investigating agencies found that various fintech companies in collusion with NBFC had thus indulged in predatory lending, by-passing the regulatory system. These fintech companies had been providing instant personal loans for terms ranging from seven to 30 days. Digi ....

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Reserve Bank of India tightens noose on fraudulent Chinese lending apps

Reserve Bank of India tightens noose on fraudulent Chinese lending apps
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Reserve Bank of India tightens noose on fraudulent Chinese lending apps

Reserve Bank of India tightens noose on fraudulent Chinese lending apps
webindia123.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webindia123.com Daily Mail and Mail on Sunday newspapers.

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Digital Chinese loansharks spreading wings in India

Chinese criminal syndicates and gangs are running scam operations illegally in India. Several such digital loanshark cases have been detected in the recent past and it is suspected that the scale of such illegal activities has increased over a . ....

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