Tag: Chinese loan apps

ED seizes ₹46.67 crore in HPZ Token App case

ED seizes ₹46.67 crore in HPZ Token App case

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Sixteen other locations of banks, payment gateway branches and offices in Delhi, Gurugram, Mumbai, Pune, Chennai, Hyderabad, Jaipur, Jodhpur and Bengaluru were also searched Sixteen other locations of banks, payment gateway branches and offices in Delhi, Gurugram, Mumbai, Pune, Chennai, Hyderabad, Jaipur, Jodhpur and Bengaluru were also searched The Enforcement Directorate has seized ₹46.67 crore […]

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The fatal lure of instant loan apps

The fatal lure of instant loan apps

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Several Indians have ended their lives owing to harassment by recovery agents of unregulated digital lending apps mostly linked to entities based in China. Probe agencies are now cracking the whip on such apps that lure customers into debt traps by offering quick loans Several Indians have ended their lives owing to harassment by recovery […]

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