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Digital Lending

Digital Lending Will Be Regulated By Govt; No More Customer Harassment, Illegal Lending Apps

Radha Joglekar Nov 19, 2021

Digital Lending Will Be Regulated By Govt; No More Customer Harassment, Illegal Lending Apps The Reserve Bank of India has proposed some new rules and has asked the government to frame new legislation. This legislation will be to put…

Mobile Apps

Crackdown Against Instant Loan Apps Continue: 27 More Fake Lending Apps Banned By Govt

Shreya Bose Mar 23, 2021

Govt has banned 27 undisclosed digital lending apps in light of several instances of breach of conduct The Ministry of Electronics and Information Technology (MeitY) has banned 27 undisclosed digital loan/lending apps after receiving a…

Business

RBI Cracks Down On Loan Apps For Blackmailing Users, Hijacking Phone Contacts For Recovery; Strict…

Malvika Gurung Jun 26, 2020

RBI Cracks Down On Loan Apps For Blackmailing Users, Hijacking Phone Contacts For Recovery; Strict Rules Formed Have you been interacting with digital lending platforms (like apps) for the purpose of taking up a loan? Have you noticed…

Business

Xiaomi Jumps Into Digital Lending; Will Offer Mi Credit Up To Rs 1 Lakh To MIUI Users!

Mohul Ghosh May 24, 2018 0

Xiaomi’s Mi Credit platform has been developed in association with KreditBee, which is an instant loan platform for young professionals. KreditBee is an NBFC (Non-Banking Financial Company) registered with RBI.