Searched for
ILLEGAL ONLINE LENDING
Brazilian government commits $617.5M to Amazon ecological investmentBrazil is investing over 3 billion reais to boost ecological projects in the Amazon. This initiative supports sustainable tourism and the b...- Farmer sold a kidney to repay Rs 1 lakh debt that ballooned to Rs 74 lakh, but still ended up a bonded labourerA Maharashtra farmer, driven to sell his kidney due to exorbitant debt, was subsequently trapped in bonded labour in Laos. Rescued through ...
- Govt blocks 87 illegal loan lending applications after due processThe Ministry of Electronics and Information Technology has blocked 87 illegal loan lending applications under Section 69A of the Informatio...
- Top illegal betting site Parimatch draws more visits than Amazon, XSome offshore operators have even adopted cash-on-delivery payment models, allowing minors to place bets without parental knowledge or acce...
- WhatsApp remains top among social media platforms to be misused by cyber criminals, says MHA reportWhatsApp, Telegram, and Instagram are leading platforms for cyber frauds in 2024. Thousands of complaints have been registered for scams th...
- Centre proposes bill to ban unregulated lendingThe government drafted a bill to combat illegal lending. The bill proposes a 10-year jail term and a ₹1 crore penalty for violators. An onl...
- India launches online 'Suspect Registry' to combat cyber crime: 1.4 mn criminals identifiedUnion home minister Amit Shah launched an online 'suspect registry' containing data of 1.4 million cyber criminals involved in financial fr...
- How to sidestep the great app trap: Instant money, dire resultsDigital loans have become increasingly popular in India, with a 49% surge in disbursements in the financial year 2023-24. However, this gro...
- Plans afoot to digitalise KYC, curb illegal online lendingThe Financial Stability and Development Council (FSDC), led by Nirmala Sitharaman, plans to digitalize the KYC process and curb unauthorise...
- India set to standardise 'know your customer' banking checksIndia's financial stability panel aims to standardize customer verification processes across the financial sector to curb illegal lending t...
- G20 website targeted at least 16 lakh times last year: Cyber AgencyIndia's official G20 website was attacked at least 16 lakh times last year, with ₹10,319 crore stolen between April 2021 and December 2023....
- India's government blocked 174 betting and gambling sitesThe Indian government has blocked 581 applications, including 174 betting and gambling app, Pankaj Chaudhury, the minister of state for fin...
- Bihar Police seek ban on over 100 gambling, gaming, 'illegal' loan apps"The decision was taken after confirming that these apps attract Section 69 of the Information Technology (IT) Act as they contain material...
- Bihar police reach out to IT ministry seeking ban on 100 gambling, gaming and illegal loan appsThe Economic Offences Unit (EOU) of Bihar police recently approached Meity urging it to ban more than 100 such apps, Nayyar Hasnain Khan, A...
- MHA wants 100+ apps linked to China, Philippines blockedThe 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...
- ED probing criminal proceeds of Rs 2,116 crore acquired from illegal loan apps: GovtTotal 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...
- Reserve Bank of India to prepare "whitelist" as government cracks down on illegal loan appsThis comes after Finance Minister Nirmala Sitharaman on Thursday held detailed deliberations in respect with legal, procedural & technical ...
- RBI releases report of working group on digital lending; here are the recommendationsA working group constituted by the Reserve Bank of India on digital lending through online platforms and mobile apps has submitted its repo...
- Instant loan app fraud cases under ED scannerOfficial sources said the Enforcement Directorate (ED) has "enlarged" its investigation to probe these FIRs and complaints filed by the two...
- Shadow banking in China now on the internet tooChina Banking Regulatory Commission in Sept issued a warning about web-based brokers, cautioning that their bad-loan ratio is higher than t...
Load More
