Reserve Bank of India plans ‘public repository’ to curb unauthorized digital lending apps

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Reserve Bank of India plans ‘public repository’ to curb unauthorized digital lending apps - CoinGeek

Quick Summary:

The post Reserve Bank of India plans public repository’ to curb unauthorized digital lending apps appeared first on CoinGeek.

Despite the challenges, India’s digital lending market has grown due to faster turnaround time and the adoption of emerging technologies such as artificial intelligence.

Fraudulent digital lending apps have also risen, causing harassment for consumers.