Reserve Bank of India tightens noose on fraudulent Chinese lending apps
Chinese digital loan apps were utilising the loophole in the regulatory guidelines to dupe Indian clients.
Source: moneylife.in
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Welcome To IANS Live - BUSINESS - Reserve Bank of India tightens noose on fraudulent Chinese lending apps
Investigating agencies found that various fintech companies in collusion with NBFC had thus indulged in predatory lending, by-passing the regulatory system. These fintech companies had been providing instant personal loans for terms ranging from seven to 30 days. Digi
Source: ianslive.in
Digital Chinese loansharks spreading wings in India
Chinese criminal syndicates and gangs are running scam operations illegally in India. Several such digital loanshark cases have been detected in the recent past and it is suspected that the scale of such illegal activities has increased over a ...
Source: prokerala.com
Credit Disbursed from Singapore Auto Finance Industry is expected to witness a CAGR of ~11% during 2020-2025 owing to increase in demand in the post-COVID scenario: Ken Research
GURUGRAM, India, March 23, 2022 /PRNewswire/ -- Key Findings Increasing Number of Auto Finance service providers are focussing on improving their Value-Added Services and streamlining
Source: finanznachrichten.de
Chinese companies involved in financial malfeasance in India: Report
Since the Covid-19 pandemic, China has been trying to portray itself as a reliable partner for economic recovery. But just like the Chinese vaccines which have
Source: shanghainews.net