How to spot a fake loan app before losing money
Fake loan apps are growing in number, RBI warnings say, often promising instant money and low interest to trap borrowers. The apps mimic legitimate lenders but can steal personal data and demand…
All posts tagged in Digital lending
8Articles
Rural and semi-urban India fuels 14-16% credit growth
India’s credit growth has surged 14-16% in recent years, driven by rural and semi-urban areas, Livemint reports. Loans for gold, homes, and vehicles have increased, and unsecured credit has expanded rapidly through…
Govt orders Google to remove 6 malicious loan apps
The Indian Cybercrime Coordination Centre (I4C), under the home ministry, has directed Google to remove six loan apps from the Play Store within three hours. Times Now News reports that the apps,…
Governance, not growth, will define FinTech’s next decade: CEOs
FinTech leaders meeting in Mumbai on Wednesday said the sector must shift focus from rapid growth to building strong institutions with better governance and customer protection.
RBI bans banks from locking borrowers’ phones for recovery
The Reserve Bank of India has prohibited banks from disabling a borrower's mobile phone, tablet or laptop as a loan recovery tool, except when the device itself was financed by the bank.…
RBI Allows Gradual Device Restrictions, Delays Recovery Rules To 2027
The Reserve Bank of India has deferred its revised loan recovery rules to January 1, 2027, from October 1, 2026, after industry feedback. The framework allows lenders to impose gradual restrictions on…
Fibe AUM jumps 63% to Rs 8,603 crore ahead of IPO
Digital lending platform Fibe’s assets under management rose 63.31% year on year to Rs 8,603 crore as of March 31, 2026, according to its draft IPO papers. Personal loans made up Rs…
Programmable digital rupee gains ground; RBI says adoption rising
Reserve Bank of India (RBI) Deputy Governor Rohit Jain said on Wednesday that both Central Bank Digital Currency (CBDC) and Unified Lending Interface (ULI) are being used for actual transactions, not just…
