Lending Apps
Is the fintech sector in India under a regulatory siege?
Evidence of RBI’s enforcement action does not support that view. The regulator’s actions were a result of loose interpretations of rules by fintech platforms and outright violations in some cases. Self-regulation is needed so that we gain from transparency without stifling innovation.
4 min read3 Jan 20256 strategies to protect against fake lending apps
The rise of mobile apps in India's digital lending scene underscores the importance of discerning between authentic and fraudulent platforms. Here are some strategies to protect yourself from fake lending apps:
1 min read17 Apr 2024Applying for a loan via a digital lending app? 6 key things to remember
Borrowers are urged to stick to only the legit apps – which RBI is compiling into a whitelist. Read further to know more on the safe way to raise money online
3 min read11 Oct 2022Wait for it…
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