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7 Min Read MUMBAI (Reuters) - At least 10 Indian lending apps on Google’s Play Store, which have been downloaded millions of times, breached Google rules on loan repayment lengths aimed at protecting vulnerable borrowers, according to a Reuters review of such services and more than a dozen users. FILE PHOTO: A man points a finger to the Google Play app logo on his Huawei smartphone in this illustration picture May 20, 2019. REUTERS/Marko Djurica/Illustration/File Photo Four apps were taken down from the Play Store - where the vast majority of Indians download phone apps - after Reuters fla...

Have removed personal loan apps that violated safety policies: Google India Premium 6 min read 'We have reviewed hundreds of personal loan apps in India, based on flags submitted by users and government agencies,' says the tech giant Google only allows personal loan apps with full repayment required in greater than or equal to 60 days from the date the loan is issued, it said Share Via Read Full Story New Delhi: Google India on Thursday said it has removed those personal loan apps from its Play Store that have been found in violation of its safety policies. The tech giant Google said it has ...

Google India has removed personal loan apps from its PlayStore that violated safety policies Google India has removed personal loan apps from its PlayStore that violated safety policies The development comes after users and government agencies flagged hundreds of loan apps on Google PlayStore in India. advertisement (Picture: Reuters) HIGHLIGHTS Google India has noted that it allows personal loan apps with full repayment required in greater than or equal to 60 days from the date the loan is issued. Google noted that the apps that were found to violate its user safety policies were immediately...

Reserve Bank of India Forms Group to Evaluate Digital Lending The “Working Group” being set up by RBI will “study all aspects of digital lending activities.” By Gadgets 360 Staff With Inputs From Reuters | Updated: 13 January 2021 17:50 IST The “Working Group” being set up by RBI will comprise both internal and external members Highlights Four apps were taken down from the Play Store In December, RBI had issued a public notice about lending apps The Reserve Bank of India (RBI) on Wednesday formed a working group to look at digital lending in the c...

At least 10 Indian lending apps on Google’s Play Store, which have been downloaded millions of times, breached Google rules on loan repayment lengths aimed at protecting vulnerable borrower