Scammers are using fake approval letters on social media, claiming eligibility for PM Mudra loans and demanding a fee for release. The Pres...

The Reserve Bank of India warns the public about fraudsters falsely using its name through fake letterheads, emails, and calls. These crimi...

Reserve Bank of India (RBI) plans to create a public repository of digital lending apps to curb rising menace of illegal loan apps in India...

Digital loans have become increasingly popular in India, with a 49% surge in disbursements in the financial year 2023-24. However, this gro...

For years, banks and large insurance companies have battled fraudsters. Now, even prominent fintech startups like Razorpay, Zerodha, Groww,...

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...

Earlier this year, the police found a link with China-based operators and were cheating people out of crores of rupees across India. This w...

Mallik was arrested by EOW, Odisha, on July 2, while Sushant and Rakhit, were arrested on June 10. The accused ran illegal shell companies ...

Last year Google had pulled the plug on more than 500 instant-credit apps that had their roots in China and were not compliant with central...

The Reserve Bank of India is proposing to keep commercial banks at the centre of the digital lending universe to ensure that technology is ...

"The Fintech companies have agreement with respective NBFCs for disbursement of loans through digital lending apps. The amount attached by ...

“Recent spurt and popularity of online lending platforms/ mobile lending apps (‘digital lending’) has raised certain serious concerns which...

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

The action comes close on the heels of the arrest of four people, including a Chinese national, on Friday for allegedly using coercive meth...

Only licensed banks and non-banking financial companies (NBFCs) given authorization by the central bank can do public lending activities, t...

One of the indicators of genuineness is whether a lender wants to check your credit report before lending you money. Reputable lenders make...

A group of academicians at the engineering institute is in the process of working on a project to fight fake news on WhatsApp, for the comp...