MUMBAI: Following cases of suicide On alleged harassment by debt collectors from entities that provided loans through mobile apps, the RBI warned against such loans and called on NBFC aggrieved borrowers to file complaints on its portal. “There have been reports of individuals / small businesses falling prey to a …

Reserve Bank of India has sent warning about unauthorized digital lending platforms and apps, which promise quick loans. With the coronavirus pandemic, more and more people are turning to digital apps that offer hassle-free instant loans. In Telangana, 11 people have so far been arrested in connection with such dubious …

AN UNAUTHORIZED BUSINESS offering quick loans to people with poor credit is suspected by the gardaí and bank officials of money laundering, TheJournal.fr has learned. The company, operating as Liteway Loans Ireland, is the latest of more than 400 similar lending companies that have attempted to operate in Ireland. On …