320-x-100_uti_gold.jpg" alt="Advertisement">
09-09-2022 02:58 PM | Source: Reuters
India to prepare a 'whitelist' of digital lending apps
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
The Indian government is stepping up scrutiny on digital lending apps in an attempt to weed out ones which indulge in unethical lending and recovery practices, the government said in a notification on Friday.
The central bank has been asked to prepare a list of legal digital lending apps while the government will help ensure that only such apps conduct lending, it said.
(Reporting by Nupur Anand; editing by Jason Neely)
Latest News
Nail Fashion Trends: The Art of Expressing Style Thr...
Sustainable Living: Tips for a Greener Lifestyle
PM Narendra Modi to attend Christmas celebrations ho...
Government launching 3 apps to protect consumers in ...
Kia to launch compact SUV `Syros` in India next year
GST recommendations to create business-friendly envi...
CII seeks priority sector lending for new and emergi...
The Wealth of Experiences: How Travel and Cultural E...
India`s tax panel rejects airlines` call to add avia...
Rozgar Mela: PM Narendra Modi to distribute 71,000 a...
