Tag: fintech compliance India
ED Cracks Down on ₹1,800-Crore Digital Lending Scam: Raids Across Delhi, Noida and Bengaluru Expose Massive Cyber-Financial Network
Illegal lending apps, shell companies, Chinese links, and hawala routes uncovered; multiple arrests made as authorities warn of India’s biggest fintech-driven fraud of the year [more…]
RBI Unveils Tough New Rules for Digital Lending Apps Amid Rising Fraud, Harassment and Data Misuse Complaints
Mandatory onshore data storage, stricter KYC norms, interest rate disclosures and prohibition of coercive recovery practices form the core of India’s most significant fintech regulatory [more…]