RBI warns against loans being offered by unauthorised digital platforms

Reserve Bank of India (RBI) has cautioned against loans being offered by unauthorised digital platforms, mobile applications promising a quick and hassle-free process. Three people killed themselves in the past few weeks after alleged harassment from debt collectors following which 17 people have been arrested from Delhi, Gurugram and Hyderabad. “There have been reports about … Continue reading RBI warns against loans being offered by unauthorised digital platforms