The Ministry of Electronics and Information Technology has blocked 87 illegal loan lending applications under Section 69A of the Informatio...

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

Nithin Kamath, the founder of Zerodha, has issued a stark warning about the alarming rise of predatory digital lending apps.

"The decision was taken after confirming that these apps attract Section 69 of the Information Technology (IT) Act as they contain material...

The Economic Offences Unit (EOU) of Bihar police recently approached Meity urging it to ban more than 100 such apps, Nayyar Hasnain Khan, A...

The report on whitelisting framework for digital lending apps (DLAs) intends to support the industry, as it will add legitimacy to the prac...

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...

Total proceeds of crime amounting to Rs 2,116 crore have been identified, out of which proceeds of Rs 859.15 crore have been seized by ED u...

In a written reply to a query in Rajya Sabha, Karad said Reserve Bank of India (RBI) has furnished the list of Digital Lending Apps (DLAs) ...

The ministry has noted that "many of these illegal lending apps may not be regulated entities by RBI and are using bulk SMS, digital advert...

The RBI digital lending guidelines will be applicable to the digital lending by banks, co-operative banks, NBFCs including housing finance ...

This comes after Finance Minister Nirmala Sitharaman on Thursday held detailed deliberations in respect with legal, procedural & technical ...

The central bank has been asked to prepare a list of legal digital lending apps while the government will help ensure that only such apps c...

Finance Minister Nirmala Sitharaman asked the Reserve Bank of India (RBI) to prepare a list of all the legal loan applications

The points of concern during the meeting included increasing instances of illegal loan apps offering loans/micro credits, especially to vul...

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

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