Google has barred 2,500 fraudulent loan apps: FM
Govt says outstanding personal loans of select 40 commercial banks have risen to 40,85,168 in FY24 so far
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Google banned over 3,500 loan apps in India in 2022 for violating Play Store norms
Meanwhile, in order to make advertising user-friendly in 2023, the company has also announced rolling out the Beta version of its flagship Private Sandbox to a small percentage of Android devices.
Chinese loan app case: ED raids Paytm, Razorpay
ED says entities controlled by Chinese nationals were doing their suspected illegal business through accounts held with payment gateways and banks.
Big Tech risks: RBI to issue digital lending guidelines soon
Big Tech firms have an enormous amount of customer data which has helped them to offer tailored financial services to individuals lacking credit history, says RBI governor.
2,562 complaints against illegal lending apps, Maharashtra tops list: Fin Min
Maharashtra tops the list with 572 complaints.
