Zerodha's Nithin Kamath Sounds Warning Of Harassment By Shady Loan Apps, Encourages Victims To Report Through Cybercrime Portal Or Helpline
In light of this alarming situation, Kamath urged victims to seek help and justice by filing complaints through the official cybercrime portal at https://cybercrime.gov.in or by calling 1930. He emphasized that existing laws are in place to protect individuals from harassment.
Jul 18, 2023, 20:06 PM ISTGoogle Reins In Instant Personal Loan Apps Amid Growing Cybercrime Frauds
The tech giant implemented new restrictions in its Personal Loans policy on Wednesday for apps on Play Store to prevent access to external storage, photos, videos, contacts, precise location, and call logs.
Apr 06, 2023, 19:48 PM ISTGoogle deletes 2000 personal loan apps from Play Store in India for THIS reason
Google became aware of the unregulated lending apps after the Reserve Bank of India (RBI) recommended a law prohibiting unregulated lending activities (BULA).
Aug 27, 2022, 10:17 AM ISTGoogle Play store removes over 2000 loan apps since Jan this year; Know the Reason here
Google has removed over 2,000 loan apps from India Play Store since January this year for violating terms, misrepresenting information, and questionable offline behaviour.
Aug 25, 2022, 18:48 PM IST1 in 2 Indians facing extortion, data misuse via instant loan apps: Survey
More than one in two Indian consumers who use instant loan apps are facing very high interest charges, extortion and data misuse, as RBI takes a tough stand against unregistered digital loan lending apps.
Jul 06, 2022, 11:22 AM ISTDigital Lending Fraud: RBI panel finds 600 illegal loan apps on app stores
An RBI panel found more than 600 illegal lending apps hosted on several app stores.
Nov 19, 2021, 22:04 PM ISTRBI working group suggests separate law to prevent illegal digital lending via apps
The RBI working group has suggested the enactment of separate legislation to prevent illegal digital lending through apps.
Nov 18, 2021, 20:57 PM ISTZee Exclusive: Do’s and Don’ts of applying for loans on digital platforms
Borrowers enjoy the level of convenience and seamlessness offered by digital lending platforms, adhering to these dos and don'ts will help further safeguard their financial health and future.
Jun 14, 2021, 17:26 PM ISTZee Exclusive: Borrowing from loan apps; know how to identify genuine fintech lenders
Fintech lenders provide convenient credit access to a diverse set of consumers, including new to credit customers and other underserved sections. However amidst financial crunch and desperate times, borrowers need to be mindful towards identifying the legitimacy of lenders.
May 31, 2021, 16:07 PM IST