In recent times, Indian authorities have been cracking down on entities that are operating loan apps illegally and the ministry has also be...

The Indian corporate affairs ministry is investigating several Chinese companies, particularly those connected to loan apps, for alleged vi...

Chinese loan apps, operated by Chinese criminal syndicates and gangs, are causing significant financial losses in India. Pavan Duggal, a cy...

The Indian Cyber Crime Coordination Centre (I4C), in the past, has sought a ban on as many as 500 apps that were sending data of Indians to...

The agency, in a statement released on Wednesday, said that its probe has revealed the modus operandi of these entities, wherein these enti...

The assistant director of the Directorate of Enforcement (ED) passed an order on September 2, 2022, freezing the bank account of Inditrade ...

The Ministry of Electronics and Information Technology through its latest orders has banned a total of 232 apps. Some of these apps have Ch...

India's Ministry of Electronics and Information Technology (MeitY) has begun a process to ban and block 138 betting apps and 94 loan lendin...

The minister said she had in the last 6-7 months held several meetings with representatives of the central bank, her ministry officials and...

The Directorate of Enforcement (ED) on October 19 carried out search operations under the Prevention of Money Laundering Act (PMLA), 2002 a...

According to these sources, Indian citizens with zero or little education and working in menial jobs, were being provided as directors to s...

Asking why the government has not acted against these apps yet, the All India Congress Committee said the Reserve Bank of India has already...

"As per RBI, there was a jump of 12 times in loans on digital platforms between 2017 to 2020. Till now, 52 individuals in our country commi...

The Enforcement Directorate and CIDs have launched probe against more than two dozen China-backed loan apps and directed Paytm and Razorpay...

Telangana police on Wednesday arrested Chinese national He Jian and an Indian associate from Thane in the ongoing illegal instant loan app ...

The government is examining complaints against some online chit fund apps, which are allegedly functioning in absence of clear regulatory g...

Many of these apps, researchers say, indulge in "abusive lending practices” and seek wide-ranging intrusive permissions from users.