Apps giving loans without permission will now be banned: Government introduced draft bill; ₹1 crore fine and 10 years jail for violation
Hindi News Business Central Government Proposes Crackdown On Unregulated Lending, May Ban Loan Apps And Impose ₹1 Crore Penalty, 10 year Jail Term New Delhi7 minutes ago copy link The central government is planning to ban apps that give loans without permission. The government has presented a draft bill regarding this plan. This bill calls…