Can RBI curb India’s fake loan app crisis?
The central bank has promised regulations for digital lending soon, but these are unlikely to help in tackling outright fraudulent entities.
26 July, 2022•7 min
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26 July, 2022•7 min
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Internet
Sanchar Saathi was never the cure
Even though the government of India did a U-turn on the mandatory pre-installation of the anti-fraud app on all mobile phones sold or imported in the country, the larger problem of petty cybercrime remains grim.
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