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
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the 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
Drone Light Show, cultural event in Ahmedabad to bol...
Shraddha Kapoor asks fans how mountains can be broug...
Automobiles & Components: Turning Tides by Kotak Ins...
.jpg)
Bandhan Life: Empowering Futures with a Fresh Vision...
With April series having expired, expect markets to ...
Buy BAJAJ AUTO Ltd For Target Rs.10,138- LKP Securities
IPO Report : JNK India Ltd. - Choice Broking Ltd
Sector Update : Agrochemicals Green shoots - Elara C...
Markets to consolidate in near term
Buy Aditya Birla Capital Ltd For Target Rs.220 - JM ...
