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Zerodha's Nithin Kamath Warns Against "Shady" Loan Apps, Shares Key Red Flags
Founder and Chief Executive Officer (CEO) of Zerodha Nithin Kamath recently warned his followers about the alarming rise of predatory digital lending apps that demand extensive access to users' personal information.
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SpyLoan Malware Apps Used to Blackmail, Extort Users Using Personal Data Detected on Play Store
SpyLoan malware has been spotted on the Play Store over the course of this year and removed by Google, according to details shared by ESET researchers. They are designed to collect vast amounts of information from a user's device when they borrow money, only to blackmail and extort them into repaying the sum with high interest amounts within a shor...
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Google for India 2023: AI-Powered Search Becomes More Visual and Local, New Services on Google Pay
Google is rolling out improvements to its AI search tool in India. Google is making search generative experience in India more visual and localised for better results. The company announced the updates coming to its AI search in the country at its Google for India 2023 event held Thursday.
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Rs 859 Crore Of Illegal Loan App Operators Seized: Union Minister
The Directorate of Enforcement has attached proceeds of crime worth Rs 859.15 crore generated by accused persons/entities through illegal loan apps, Minister of State for Finance Bhagwat Karad said on Tuesday.
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Don't Ignore These Red Flags Before Using Digital Lending Apps
Many fraud loan apps seek permission to your personal data and access to camera as well as contact list, which could be used later for harassment or blackmail.
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Uttar Pradesh Government Signs MoU With Flipkart to Sell Handicraft Products Online
Flipkart and the Uttar Pradesh government have signed an MoU to bring handicrafts from the state to the e-commerce website. Products made by persons with disabilities will also be sold on the platform, according to an official release. The initiative will bring handicrafts from the state to 40 crore customers on Flipkart’s platform.
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Delhi Police Busts Chinese Loan App Fraud, 8 Arrested
The Intelligence Fusion and Strategic Operations Unit of Delhi Police's Special Cell has arrested eight persons from Delhi and other parts of country for allegedly extorting people on pretext of providing and repaying loan amount.
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ED Seizes Rs 107 Crore Of Chinese Loan App For Violating Foreign Exchange Law
The Enforcement Directorate on Thursday seized funds worth about Rs 107 crore of a Chinese-controlled NBFC, engaged in dishing out instant personal loans over an internet-based app, for alleged violation of the foreign exchange law.
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SBI Offers 7.5% Interest Rate On Gold Loan: How To Apply On YONO App
SBI Personal Gold Loan: The country's largest lender - State Bank of India is offering gold loans at an interest rate of 7.5 per cent and customers can apply for the same on the SBI YONO mobile app.
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Google Says It ‘Immediately Removed’ Personal Loan Apps in India Violating User Safety Policies
Google India on Thursday revealed that it “immediately removed” personal loan apps violating its user safety policies. The company reviewed hundreds of personal loan apps in the country based on reports it received from users and government agencies.
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Google Drops Some Personal Loan Apps In India Over Safety Concerns
In a move to protect its users, internet search engine Google today removed a large number of personal loan apps from its Play Store from where a vast majority of Indians download phone applications. It reviewed the products based on user inputs and alert issued by government agencies, and has also issued notices to many others in the same business...
-
Karnataka Police Busts Fraud Using Mobile-Based Loan Apps
A major online financial fraud theft of personal data of applicants by a few micro finance companies said to be front-end firms of investors in some neighbouring countries has been busted in Karnataka, police said on Thursday.
-
RBI Cautions Borrowers Against Use Of Unauthorised Apps Offering Quick Loans
The central bank said that users should never share copies of KYC documents with unidentified persons or unverified mobile applications, and report such apps to law enforcement agencies
-
Xiaomi Mi Credit Personal Loan Service Re-Launched in India With Promise of Real-Time Approval, Paperless KYC
Xiaomi has relaunched the Mi Credit personal loan service in India with a promise of real-time approval and paperless KYC.
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Mi Credit Platform for Personal Loans to Be Re-Launched in India on December 3
Xiaomi will re-launch its Mi Credit platform for personal loans in India on December 3, the company has revealed. Given the Chinese smartphone maker had originally launched Mi Credit in May last year.
-
Zerodha's Nithin Kamath Warns Against "Shady" Loan Apps, Shares Key Red Flags
Founder and Chief Executive Officer (CEO) of Zerodha Nithin Kamath recently warned his followers about the alarming rise of predatory digital lending apps that demand extensive access to users' personal information.
-
SpyLoan Malware Apps Used to Blackmail, Extort Users Using Personal Data Detected on Play Store
SpyLoan malware has been spotted on the Play Store over the course of this year and removed by Google, according to details shared by ESET researchers. They are designed to collect vast amounts of information from a user's device when they borrow money, only to blackmail and extort them into repaying the sum with high interest amounts within a shor...
-
Google for India 2023: AI-Powered Search Becomes More Visual and Local, New Services on Google Pay
Google is rolling out improvements to its AI search tool in India. Google is making search generative experience in India more visual and localised for better results. The company announced the updates coming to its AI search in the country at its Google for India 2023 event held Thursday.
-
Rs 859 Crore Of Illegal Loan App Operators Seized: Union Minister
The Directorate of Enforcement has attached proceeds of crime worth Rs 859.15 crore generated by accused persons/entities through illegal loan apps, Minister of State for Finance Bhagwat Karad said on Tuesday.
-
Don't Ignore These Red Flags Before Using Digital Lending Apps
Many fraud loan apps seek permission to your personal data and access to camera as well as contact list, which could be used later for harassment or blackmail.
-
Uttar Pradesh Government Signs MoU With Flipkart to Sell Handicraft Products Online
Flipkart and the Uttar Pradesh government have signed an MoU to bring handicrafts from the state to the e-commerce website. Products made by persons with disabilities will also be sold on the platform, according to an official release. The initiative will bring handicrafts from the state to 40 crore customers on Flipkart’s platform.
-
Delhi Police Busts Chinese Loan App Fraud, 8 Arrested
The Intelligence Fusion and Strategic Operations Unit of Delhi Police's Special Cell has arrested eight persons from Delhi and other parts of country for allegedly extorting people on pretext of providing and repaying loan amount.
-
ED Seizes Rs 107 Crore Of Chinese Loan App For Violating Foreign Exchange Law
The Enforcement Directorate on Thursday seized funds worth about Rs 107 crore of a Chinese-controlled NBFC, engaged in dishing out instant personal loans over an internet-based app, for alleged violation of the foreign exchange law.
-
SBI Offers 7.5% Interest Rate On Gold Loan: How To Apply On YONO App
SBI Personal Gold Loan: The country's largest lender - State Bank of India is offering gold loans at an interest rate of 7.5 per cent and customers can apply for the same on the SBI YONO mobile app.
-
Google Says It ‘Immediately Removed’ Personal Loan Apps in India Violating User Safety Policies
Google India on Thursday revealed that it “immediately removed” personal loan apps violating its user safety policies. The company reviewed hundreds of personal loan apps in the country based on reports it received from users and government agencies.
-
Google Drops Some Personal Loan Apps In India Over Safety Concerns
In a move to protect its users, internet search engine Google today removed a large number of personal loan apps from its Play Store from where a vast majority of Indians download phone applications. It reviewed the products based on user inputs and alert issued by government agencies, and has also issued notices to many others in the same business...
-
Karnataka Police Busts Fraud Using Mobile-Based Loan Apps
A major online financial fraud theft of personal data of applicants by a few micro finance companies said to be front-end firms of investors in some neighbouring countries has been busted in Karnataka, police said on Thursday.
-
RBI Cautions Borrowers Against Use Of Unauthorised Apps Offering Quick Loans
The central bank said that users should never share copies of KYC documents with unidentified persons or unverified mobile applications, and report such apps to law enforcement agencies
-
Xiaomi Mi Credit Personal Loan Service Re-Launched in India With Promise of Real-Time Approval, Paperless KYC
Xiaomi has relaunched the Mi Credit personal loan service in India with a promise of real-time approval and paperless KYC.
-
Mi Credit Platform for Personal Loans to Be Re-Launched in India on December 3
Xiaomi will re-launch its Mi Credit platform for personal loans in India on December 3, the company has revealed. Given the Chinese smartphone maker had originally launched Mi Credit in May last year.
