Google Asked by RBI, MeitY to Step up Checks Against Illegal Lending Apps in India: Report

The government and the Reserve Bank of India have urged Google to introduce tight checks to help curb the use of illegal digital lending applications in India. Google has been asked to ensure that only whitelisted loan apps are available for download on the Google Play Store. As per RBI’s digital lending norms, all loan disbursals and repayments are required to be e...

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