lending apps

Google deletes 2000 personal loan apps from Play Store in India for THIS reason

Google became aware of the unregulated lending apps after the Reserve Bank of India (RBI) recommended a law prohibiting unregulated lending activities (BULA).

Aug 27, 2022, 10:17 AM IST

“Approach local police if…” RBI clears stance against unregistered digital lending platforms

RBI governor Shaktikanta Das has urged customers to approach local police if they have taken loans from unregistered digital lending apps and are facing any issue. 

Jun 08, 2022, 17:15 PM IST

Planning to take a loan? Here’s how to maintain safety of your documents, personal details

The first and foremost thing should be checking the credibility of the particular lender and borrowers should check whether the lender they have approached is genuine and is approved by the RBI. Besides that, it is also important to spend some time on the website/app, as the look and feel of the website/app/social media accounts can help check the credibility and authenticity of the lender.

Mar 08, 2021, 17:48 PM IST