The Centre and State governments, Reserve Bank of India (RBI), Big-Techs and even regulated digital lenders, are moving together to tighten the noose around unscrupulous Chinese lending apps operating with near impunity in the country and wreaking havoc in the lives of borrowers.
On Thursday, Google announced in a blog post that while working on complaints by users and government agencies, it reviewed “hundreds of personal loan apps in India”, and those that were found to violate its user safety policies “were immediately removed from the Store (Google Play ...
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