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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
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