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chinese loan apps
APPS
India to ban over 230 betting and loan apps, with several of them being China-origin
With an overwhelming rise in notorious betting and online “quick loan” apps in the country, India had been seeing a surge in harassment complaints by consumers, exorbitant interest…

CULTURE & POLICY
ED raids Razorpay, Paytm, Cashfree premises amid crackdown on unethical quick lending apps
India has been cracking down hard on lending apps that operate in the market, with suspicious Chinese links. Google too sprung into action by removing over 2000 unethical…

