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Centre bans over 200 Chinese loan and betting apps; cites debt traps, national security [details]

Published: February 5, 2023

As per sources, these apps are used to trap financially strapped people in a debt trap, by increasing their interest on loans up to 3,000 per cent.

Source: ibtimes.co.in

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Andhra PradeshUnion Ministry Of Home AffairsMinistry Of ElectronicsInformation Technology MeitClose OdishaPlay StoreInformation TechnologyUnion MinistryHome AffairsChina AppsChinese Apps BanChinese Loan AppsChinese BettingChina Betting AppsBetting Apps IndiaLoan Apps IndiaDebt Trap AppsBeware Of Apps